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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (36955)	9/30/2000 11:39:31 AM
From: HiSpeed	Respond to of 57584

First set of tech earnings dates: 10/10 FSII MOT SEG YHOO 10/11 ACTU AMCC AMD ENTG FDC RATL RBAK TXCC 10/12 ATYT BBOX INFS KLAC NMSS TLGD AEIS BBSW CBIS CERN CREE DCLK GTW ININ IOM JNPR LRCX MCHP MIPS NMTC PMCS RSAS VRTS The bulk of earnings being the following 2 weeks; QCOM not until 11/2

To: Rande Is who wrote (36955)	9/30/2000 11:54:46 AM
From: KM	Respond to of 57584

Further to the discussion on tax loss/end of quarter selling, I saw some "anticipatory" moves yesterday on the notion that it would be over by day's end (or that's how I interpreted the price action) on some truly beaten down names. They closed quite well on a bad day when the "winners" mostly suffered. Examples: OMKT, RAZF, HLTH.

To: Rande Is who wrote (36955)	9/30/2000 6:30:15 PM
From: kendall harmon	Read Replies (3) \| Respond to of 57584

WASH Sale, Rande a note about what you said: <<and as long as you hold it for 31 days you are entitled to the tax loss, otherwise it is considered a wash sale and you are not.>> It should be noted that the last words you wrote "you are not" mean "you are not" AT THAT TIME, not, however, "you are not" EVER. There is a lot of misunderstanding of the wash sale rule but if you run afoul of the rule by taking a wash sale, the loss you incur is added to any subsequent transaction in that security. In which case the "loss" is taken LATER, but you still can take the loss, just not at that time. For detailed discussion of this rule, see some of the tax and investing threads, i.e., Subject 5727 And see also Tracy Byrnes fine articles in thestreet.com thestreet.com Note especially this section: <<But there's still one way to claim a loss if you buy back a security before the 30-day holding period is up: You can add the loss to the basis of the repurchased security. Let's say you buy a share at $10, sell it at $8, and buy it back within 30 days at $9. You can add the original $2 loss to your new cost basis, which is now $11. If the stock rises and then you sell, let's say at $12, your taxable gain is only $1. >> I apologize for any repetition here, but I keep running into traders who have not fully digested all the intricacies of the wash sale rule.

To: Rande Is who wrote (36955)	9/30/2000 8:58:02 PM
From: Softechie	Respond to of 57584

Yes I believe FOMC will give a boost to this market in October. Looking back I don't believe GS really think oil would play a major factor in the deflating of this market or so call in his term soft landing. My speculation that they won't do anything in the next meeting and just ride it out until next year. Oil price has been a friend to GS so far. MU is reporting on 10/4 after close and looking for .97 cents EPS. As for the next sectors to play, I have telecom services and healthcare. Good luck.

To: Rande Is who wrote (36955)	10/1/2000 11:49:18 PM
From: paret	Respond to of 57584

German voters would reject the euro, polls show Source: Telegraph/U.K. Monday, October 2, 2000 By Toby Helm in Berlin GERMANS, like the Danes, would reject the euro if given the choice in a referendum, opinion polls show. A survey in Bild newspaper found that one German in three had no confidence in the new currency. A poll for BZ newspaper showed that 55 per cent would rather keep the mark. The polls were conducted before last Thursday's Danish referendum, in which 53 per cent of voters rejected the euro. Werner Müller, the Economics Minister, tried to bolster flagging confidence in the euro by saying yesterday that it should appreciate soon. He said: "An exchange rate of one dollar to one euro is absolutely realistic." Last week the euro was trading at about 88 cents. Germany did not conduct a referendum before adopting the euro and fears public anger as it loses value. The BZ poll found that 51 per cent of west Germans and 72 per cent of east Germans wanted to keep the mark, the strength of which was a factor behind East German enthusiasm for unification a decade ago.