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To: pater tenebrarum who wrote (51668)	12/27/2000 6:03:38 PM
From: Sunny Jim	Read Replies (1) \| Respond to of 436258

<<we have minor turns on Jan. 2 and Jan. 9>> Normally, I heed the cycle predictions, but this year seems like there are more powerful forces at work. First, there hasn't been as good a year for year-end tax selling like this in a long time. Virtually everyone has more than enough stocks that are in loss position in their portfolios to use as tax loss candidates after the kind of market we've seen this year. This, of course assumes that they have gains to offset these losses against. Second, the timing of earning warnings and economic data showing slowing economy are hitting with rapid fire, thus impacting a market that otherwise might be having a pretty decent year-end rally. Finally, we've got Easy Al throwing sugar talk on the market in hopes that it will keep if from going too sour on us. I guess my point is, that there are more than enough things going on right now to throw the market out of its normal cycle rhythm (assuming there is such a thing as "normal cycle rhythm").