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Strategies & Market Trends : Trade/Invest with Options Jerry a Point & Figure Chartist -- Ignore unavailable to you. Want to Upgrade?

To: greenehugh who wrote (3853)10/1/2001 9:06:05 AM
From: jayhawk969  Read Replies (1) | Respond to of 5893
 
Greenehugh,
Given that almost all funds ar showing losses year to date, why will there be any significant tax selling this year?



To: greenehugh who wrote (3853)10/1/2001 9:19:36 AM
From: GREENLAW4-7  Respond to of 5893
 
I believe we have already seen 85% of the fund selling for both redemptions as well as tax loss selling.

There is so much money on side lines as well as CHEAP in regards to getting new money, I believe October may be a moot month! All depends on war action!

Personally we could have a nice rally in late Oct-Dec!! Then perhaps a retest of lows before BULL resumes in fall of 2002!


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