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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: Jim McMannis who wrote (2283)11/24/1998 10:36:00 AM
From: IngotWeTrust  Read Replies (1) of 81030
 
Neither did you, Mack!!! Jim McMannis on aug 31 1998 sez: I think since we broke 8200 we are pretty much done for the year as is the bull. Two important factors will now keep the market under wraps.
1. Tax loss selling...
2. Taking of profits to counteract losses. This is needed because of
the IRS code not allowing more than a net loss of more than 3k in a calender year.
Jim

Both these will weigh heavily.

and previously stated

Jim McMannis on aug 27 1998
Well, folks we are below 8200, the majic number. A couple of closes below 8200 and it's turn out the lights, the parties over.
Jim

*******
You wouldn't be making fun of George S. Cole now would you? Tsk Tsk!
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