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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Michael Rich who wrote (14868)12/3/1997 4:15:00 PM
From: Judy  Read Replies (1) | Respond to of 69866
 
Mikey, watch the cummulative volumes on the data carefully. Buy volume kicked in heavy at the end. Market is stable and not ready to fall apart just yet. CSCO and QCOM closed nicely at breakout points, tech bellweathers moving up.

Again, the key is to look for distribution as stocks move higher ...BUT cummulative volume of daily data collected must be 90 percent or more for mf read to be reliable.



To: Michael Rich who wrote (14868)1/3/1998 1:16:00 PM
From: Judy  Read Replies (4) | Respond to of 69866
 
ROTH IRA

Might be advantageous if one is consistently good at trading/investing

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An excerpt on ROTH IRAs

The law permits people with annual AGI of less than $100,000 to convert their traditional IRA into a Roth IRA anytime during 1998. Those who choose to switch before January 1, 1999 will owe tax on the amount transferred, but the income can be spread out evenly over four years. The $100,000 AGI limit does not include the amount rolled over. For example, if a taxpayer with an AGI of $90,000 rolls over an IRA with a taxable balance of $60,000, the $15,000 added to AGI for tax purpose for the next four years is not included for purposes of meeting the $100,000 eligibility limit in the year of rollover.