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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?

To: Arik T.G. who wrote (3317)	8/31/1998 5:31:00 PM
From: bobby beara	Read Replies (3) \| Respond to of 5676

My wag sezs we have more selling tommorrow we may put in a short term bottom, then we rally into early mid September to the October highs to make a right shoulder then start selling into the earnings warning season and then into October seasonal crash lows. There is a meeting on Friday with Japan, and post Labor Day is seasonally good for stocks and we have monthly 401k inflows. bb

To: Arik T.G. who wrote (3317)	8/31/1998 6:06:00 PM
From: Robert A. Green, CPA	Read Replies (1) \| Respond to of 5676

Traders protect yourself come tax time if you are hurt by The Millennium Crash (see below). We agree with this thread and have been stating our similar opinion for a while. IMO it's not just Asia, Russia, and global problems, but the success of America's computer and Internet industries that are making many people and companies obsolete or less valuable. There will be a major restructuring of the global economies to make way for the Internet revolution. Active investors caught by surprise by these volatile markets may end up having significant losses that are not deductible. Traders who elect mark-to-market accounting can deduct all losses with no limitations. I have posted the tax rules and strategies at our Web site greencompany.com