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To: gmccon who wrote (33065)12/17/1998 8:46:00 PM
From: Bilberry  Read Replies (1) | Respond to of 95453
 
Anybody have a read on how much tax loss selling is going on in the OSX stocks? I sense that it is tremendous and that we will not see any big gains on these stocks till tax loss selling is over. January and February will be very interesting months for these battered stocks.

--Bilberry



To: gmccon who wrote (33065)12/17/1998 9:42:00 PM
From: Crimson Ghost  Read Replies (2) | Respond to of 95453
 
Israel's nukes get right to the point. Why are we so concerned about any Moslem nation getting nukes when Israel has hundreds? The idea that Iraq is a military threat is patently ridiculous. The fact is that US and Israel aim to dominate the region totally and cannot tolerate any Arab regime that refuses to toe the line. The seeds of perpetual conflict have been sown. This is Victorian imperialism, pure and simple. Interesting that Britain -- the former colonial overlord of Iraq -- is the one nation joining in the US attacks.

Getting back to the OS stocks, it looks like we will have to wait a long time for another 50% upmove. Assuming the OSX has bottomed (not at all a certainty) looks like we will be range-bound (say between OSX 50 and 57) for quite some time. The driving force for stock gains in this sector over the next 6 months probably will be restucturings and mergers rather than oil prices.