Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (15681)	11/23/1998 6:28:00 PM
From: Jimbo Cobb	Read Replies (1) of 18691

Here's another thought for you...a lot of the longs who have huge profits in YHOO, AMZN, etc, who might be considering selling some to take profits, might be holding off until January so they will have an extra year to wait before paying their cap gains taxes on these huge profits....nobody wants to sell, everybody wants to buy....therefore, stock goes VERTICAL !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! shorts get STEAMROLLED !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Jimbo.

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