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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Ender who wrote (5792)12/22/1999 6:49:00 PM
From: Venditâ„¢  Respond to of 19374
 
GMST is a strong stock that is trending sideways as a worst case. $61 seems to be the possible down side at this time IMO. The candle formed today is suggestive of a short term bottom but I am always skeptical at this time of year.

The fund manages book profits as well as sell losing positions between Christmas and the New Year. This will cause the annual market sell-off if history holds true. Of course the y2k talking heads will blame that and ignore the fact that it always sells off the last week of the tax year.

Have you bought your generator yet?<g>

Im all cash today in my short term portfolio waiting to pounce on the expected sell-off next week!........ ;8-)

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