Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: donald sew who wrote (34555)	11/28/1998 6:16:00 PM
From: Investor2	Read Replies (1) of 94695

Re: "Many of those who did not get out in JULY in the 9300 range, are now even more reluctant to sell." Add to that the number of people who did sell out (perhaps even just a portion of their holdings) and didn't buy the stocks back when the market went to the 7000's. These people are now seeing that the stock prices are back to where they were when they sold; they sold their stocks for nothing. In fact, the only benefits they received were: 1) the opportunity to pay Uncle Sam a large capital gains tax bill; and 2) the chance to be sitting on the sideline in cash, watching one of the greatest market bull rushes in history. Best wishes, I2

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