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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (29428)	10/21/1999 7:59:00 PM
From: Challo Jeregy	Respond to of 50167

Ya' want to know what I think?<ggg> I think we are going thru that tax selling season that we go thru every year. Right now, the fundies are buying up the big movers to show good returns and selling the doggies. Before it is all over, we will have some nice big drops as the tax selling winds down. Oh, yeah, and when we get the next rate hike. <VBG> Now, I don't profess to know quite how that all works, but it is a yearly thing. After the P&F indicators do their thing, we will be back to the "normal" craziness as opposed to this whipsawing sector rotation. Yes, Y2K and all of the normal worries will still be with us. It will definitely be a stock pickers market. I don't expect 22% returns in the s&p, but no BK either. btw- the NYSEBP didn't turn up a few weeks ago. One short-term indicator did, and has since reversed back down. (Sorry, Ike, for invading your thread)