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Technology Stocks : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?


To: CPAMarty who wrote (5025)11/26/1998 11:05:00 AM
From: Gottfried  Respond to of 9256
 
Marty, thanks for linking to this %$#@^&* article <G>.
I take issue with the article, not with you.
Excerpt...

Throw in a natural tendency of investors to shore up their Market Cap. portfolios at the end of the quarter and calendar year, and you have the right combination of ingredients to push the Dow up through the end of December.

I thought conventional wisdom was tax selling occurs
in December? The article also neglected to mention that
last year we had a gut wrenching correction just before
Xmas. Have we forgotten already?

207.95.154.130

Gottfried
but it makes sense to lure small investors into
this overvalued market. This way the smart money
can exit in an orderly fashion.