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Technology Stocks : Ampex Corporation (AEXCA) -- Ignore unavailable to you. Want to Upgrade?

To: John M who wrote (3553)	10/2/1998 1:14:00 PM
From: Ed Perry	Read Replies (1) \| Respond to of 17679

About tax loss selling … Richard L. Evans, writing in this October 1998 AAII journal examines the tax loss selling season in conjunction with the "January Effect". Based on Evans's analysis the time to position is during the month of October (by week 44 of the year). He highlights that the rebound opportunities are in low-priced and depressed stocks (not simply low cap) and that the best situations occur during an overall market decline. He goes on to say: …"Of course, the devil is in the details, and that is where technical analysis comes into the picture. Just buying any low-priced stocks will not lead to a subsequent January effect. One has to position oneself in a stock that is low-priced and depressed but is beginning to trend ever so slightly higher." For AAII see aaii.com (AAII also publishes Stock Investor PRO a top rate monthly CDROM fundamental database and search engine. Richard L. Evans publishes The Renaissance Report and is the author of "Finding Winners among Depressed and Low Priced Stocks: Discovering Hidden Values in the Stock Market. " An excellent book on TA see: amazon.com So the equation is more complex, perhaps an AXC January effect will lead to more immediate buying support rather than an increase in selling pressure. Hmmm. Ed Perry