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Strategies & Market Trends : Z PORTFOLIO -- Ignore unavailable to you. Want to Upgrade?


To: DanZ who wrote (3760)12/6/1999 12:15:00 PM
From: John Solder  Read Replies (1) | Respond to of 11568
 
Congrats to all the Z traders on a great year.

As a lurker I've picked up some great insight and enjoy this thread's philosophy toward trading.

I'm posting a general question regarding the next three weeks.

What is each of your personal opinions regarding 'end of year' trading, Y2K and the 'Janurary effect'. What % are you considering holding in cash for year end ?

My gut tells me folks will be cashing out over the next few weeks due to the uncertainty. OTOH there is a lot of folks not willing to pay the short term capital gains tax and letting it all ride.

TIA



To: DanZ who wrote (3760)12/7/1999 11:21:00 AM
From: Larry S.  Read Replies (1) | Respond to of 11568
 
ZTrade - buy 5,000 CELL (Brightpoint)at 11 3/4. CELL is a supplier to the wireless industry and the chart looks very constructive. has challenged 11-12 area several times and looks like it wants to run to 15 resistance, and if get thru there, run to 19-20. jmho. do your own dd. larry