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Microcap & Penny Stocks : MSU CORP-----MUCP -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (5882)	11/25/2000 12:04:30 AM
From: Hawkmoon	Read Replies (1) \| Respond to of 6180

Ron, was the market today a "good enough" bang? Unless this election morass is resolved over the weekend and Gore prevented from pursuing this to the bitter end, I dare say it may prove difficult to decisively penetrate resistance at 3000. bigcharts.com On the other hand, the weekly chart suggests that we may see a rally to 3200, with a necessity to penetrate above in order to reverse the channel and break to the upside. Somehow, I believe this will be difficult and well eventually see a price somewhere around 2400 before we finally receive our year-end/January effect rally. (Btw, I sincerely hope that I'm wrong.. :0) bigcharts.com Point of interest: I heard on the radio this evening that the Warburg-Pincus Japan(?) Fund declared a 55% capital gain distribution, despite the fact that they are down some 45% from their high this year. How many other mutual funds are in the same boat... or a better question.. How many investors will be facing a double whammy of having to come up with the scratch to pay their taxes on those gains despite the fact their fund is down 50%? Can anyone say... "major money shift from mutual funds to individual money managers"? Should be interesting to observe..