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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (2283)	11/24/1998 10:36:00 AM
From: IngotWeTrust	Read Replies (1) \| Respond to of 81023

Neither did you, Mack!!! Jim McMannis on aug 31 1998 sez: I think since we broke 8200 we are pretty much done for the year as is the bull. Two important factors will now keep the market under wraps. 1. Tax loss selling... 2. Taking of profits to counteract losses. This is needed because of the IRS code not allowing more than a net loss of more than 3k in a calender year. Jim Both these will weigh heavily. and previously stated Jim McMannis on aug 27 1998 Well, folks we are below 8200, the majic number. A couple of closes below 8200 and it's turn out the lights, the parties over. Jim ******* You wouldn't be making fun of George S. Cole now would you? Tsk Tsk!

To: Jim McMannis who wrote (2283)	11/24/1998 10:55:00 AM
From: Crimson Ghost	Read Replies (2) \| Respond to of 81023

Jim: No I did not expect us to move back to 9300; certainly not in 6 weeks. And neither did you I think. But the question now is what next? If we get a decent correction here, this thing should last through early next year with a good chance of Dow 10,000. The way I see it the market will have a bullish bias until fears of inflation start up again. Strong commodities, weak bonds and a weak dollar will signal the end of the bull. Probably next spring. Interesting that Steve Roach who reflects the thinking of Fed traditionalist is VERY CONCERNED about the bubble and the economic impact of its inevitable collpase.