Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Pump and Dump -- Ignore unavailable to you. Want to Upgrade?

To: flint who wrote (51)	8/22/2001 6:15:10 PM
From: JustTradeEm	Read Replies (1) \| Respond to of 149

Pumping the Q's ???? Quite a stretch don't you think ??? Not exactly small float .... and indexed. JB

To: flint who wrote (51)	9/4/2001 7:37:44 PM
From: flint	Read Replies (1) \| Respond to of 149

I know you are all going to think I'm insane suggesting the pumper was trying to create a demand to sell into on the QQQ. But today news about a changing the tax rate on long term investment came out. What this means is you can sell your short term loses in the QQQ - take the short term tax lost = your regular tax bracket. Then buy the DOW Jones or other likely stocks that will rise over a year, and only pat 15% taxes on the gains. Take up to 30% write-off on your loses today and pay 15% on your gains a year from now. The QQQ's crashed on the moment the news was release. You can come to your own conclusions. Flint