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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 142.62+2.2%Nov 21 9:30 AM EST

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To: Charlie Tuna who wrote (7142)10/19/1998 8:44:00 AM
From: Mason Barge  Read Replies (1) of 10921
 
<<I am waiting till the end of the year.There will be lots of tax loss
selling>>

This isn't nearly as powerful a force in a generally bearish market as it is in a bull market and it won't be much of a factor this year unless the Dow hits maybe 9500. The percentage of investors with significant profits is going to be lower this year than in the past 7 or 8, and without short-term capital gains there is a lot less tax-related selling. Too bad there's no such thing as a "loss carryback"!
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