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Strategies & Market Trends : Charts With An Attitude; Trading In & Out -- Ignore unavailable to you. Want to Upgrade?

To: Dave H who wrote (4427)	12/26/1997 10:20:00 AM
From: ivan solotaroff	Read Replies (1) \| Respond to of 4701

Dave: Hope you had a good one. Let me know about RECY. I have a sneaking hunch it might take a turn for the worse in the first week after the New Year--the opposite of tax-selling: People see the line's been eaten away, the initial run is over, and they want to take a profit--AFTER the necessity of paying short-term capital gains has been allayed for a year. If and when that happens, I think we'll see another great buying opportunity. I'm looking at dumping my ROMT if there's a sign of serious trouble today. The last thing I want out of this failed run-up (assuming it be such) is a long-term holding. Ivan