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Technology Stocks : LTX Corp. (LTXX) -- Ignore unavailable to you. Want to Upgrade?


To: Logain Ablar who wrote (1877)12/16/1999 6:36:00 PM
From: Duane L. Olson  Read Replies (1) | Respond to of 2126
 
Tim...pretty good advice. I am on margin in only one account, just in case we would get a serious hit. Certainly the divergence between the top performing stocks and the vast majority of stocks is cause for concern. But LTXX doesn't concern me. No reason for it to break pattern and reverse downward here, imho. But I'll keep a finger in the wind, just in case. I think most of the stocks are safe for the year pretty soon -- who would have waited this long to do tax selling??? -- but there is still some profit-taking going on, so perhaps there are stocks which remain vulnerable as the "offset" -- being sold only because the holder has big profits in some other holding.
All in all, I'm inclined to be really positive from here into the first coupla weeks in Jan.
Whatever that brings, Tim, thanks for all the good thoughts, and Happy Holidays to you.
tso