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To: pater tenebrarum who wrote (70600)	2/22/2001 7:12:25 PM
From: patron_anejo_por_favor	Read Replies (3) \| Respond to of 436258

Fleck had an interesting macro-oriented take on the bodacious end of the day Dow jamjob: siliconinvestor.com Open up and say "AA". . . About that time, a story hit that Japan's long-term credit rating was going to be cut to AA. That seemed to set off a wave of buying, as though Japan's downgrade would precipitate massive easing on Japan's part, which would make U.S. stocks go up. I'm not sure if the linkage is correct, nor do I happen to believe that Japan's doing that would make a difference, but I'm told macro-hedge-fund types believe in that series of events. So in approximately 20 minutes, the Dow rallied 140 points (1 1/2 percent), the Nasdaq rallied 60 points (or 3 percent) and the S&P 500 rallied about 20 points (just under 2 percent). That's where things were with about 15 minutes to go. Once again, I won't be able to see the exact close, so I'll leave readers to guess at the last minutes of action based on the box scores. 2 other good points in the Rap today: 1) The LEI indicator (which was unexpectedly high) will further tie the Fed's hands re: intermeeting rate cut 2) Investor's Intelligence shows bullish consensus back UP at 62%.

To: pater tenebrarum who wrote (70600)	2/22/2001 7:31:42 PM
From: Box-By-The-Riviera™	Read Replies (1) \| Respond to of 436258

and may be again... though i wouldn't bet that far

To: pater tenebrarum who wrote (70600)	2/22/2001 7:38:03 PM
From: timers	Read Replies (1) \| Respond to of 436258

guest on cnbc...suze ormond just said maybe mufu holders should sell now and establish a loss for the year then buy back later and hold for 5 yrs because they would only have to pay 18% or something like that.??? can you make sense of that and explain the benefit tax wise for a mufu holder to sell before tax time only to buy back again (i guess after a certain amt of time) that could really pummell march. what you think about march as related to april taxes? some are gonna get a rude awakening with the tax where company workers have to pay tax on where they exercised their options way higher and now the stock is at 3 bux.