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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Herschel Rubin who wrote (73919)	4/2/2001 6:58:58 PM
From: Skeeter Bug	Respond to of 99985

hr, do the clowns have gains this year? i thought they gave it all back in spades. -ng- well, i can't help ya. but, if ya feel luck... ;-) hopefully someone here can add more than i.

To: Herschel Rubin who wrote (73919)	4/2/2001 7:24:39 PM
From: Rutgers	Read Replies (1) \| Respond to of 99985

There's another group of people to be considered in your list... If this story is not uncommon about company stock options, there could be some significant selling in the already depressed dot.bomb stocks, which will only hasten their fate... www0.mercurycenter.com having stated that, I think the "tax selling" will be more of a non-event this year. The bigger issue is the direction of the mkts in general. I agree that the NAS was down big last year and therefore there should be less selling overall. I also do not see short-sellers adding much to the mix one way or the other. BWDIK

To: Herschel Rubin who wrote (73919)	4/2/2001 10:57:33 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 99985

Herschel, just one minor comment, short with cap gains will be buying (to cover shorts) to pay capital gains, not selling (g). Zeev

To: Herschel Rubin who wrote (73919)	4/3/2001 12:34:21 AM
From: Mr. Aloha	Read Replies (2) \| Respond to of 99985

I think most short sellers are heavy enough in cash at these levels to pay their taxes from last year. Also, since shorts usually cover along the way and generally know about how much they owe in taxes as they go, many probably paid their tax bill last year with estimated payments. I think the bigger factor will be those insiders who exercised options and owe AMT tax on stock that they didn't sell last year, and find out they have to now to pay Uncle Sam. I would not be surprised by a crash before 4/15...

To: Herschel Rubin who wrote (73919)	4/3/2001 1:31:07 AM
From: bobby beara	Respond to of 99985

MR. Rubin, the shorts are an infintessimal increment of the the market, taxes on gains from short sales are a baby pigeon bird dropping on your windshield, just a small spot, turn on the wipers and the spray on they be-gone.