Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Patrick E.McDaniel who wrote (144451)	10/12/1999 6:46:00 PM
From: Alohal	Read Replies (3) \| Respond to of 176387

Hold on to your hats folks, NAZ futures down 41.5 @ 6:30PM EST. Should be an interesting day/week. Anyone have any thoughts on the impact of tax selling right about now. It occurs to me that we are just 1 year and a few days past the Oct. 8 1998 double bottom and perhaps quite a few investors who bought back then when the the blood was running in the streets have been nervously holding onto their huge gains to get past the one year mark and the dramatic reduction in capital gains tax (40% vs. 10-20% depending on your other income). With all the inflation/overvaluation/black October noise, we could be quite a bit of selling to lock down those cap gains. Haven't heard/seen this discussed anywhere and I was wondering if anyone else had any thoughts on this. TIA Alohal