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To: H James Morris who wrote (30718)12/21/1998 12:13:00 PM
From: IceShark  Respond to of 164684
 
No one is selling today. I can't understand it. Do you think that its because they don't want 98 capital gains?

Yes, that is part of it. People give way too much importance to tax considerations, so gainers will generally not get dumped unless they have a whopping capital loss. But the primary factor is greed of not losing out on the next XXX points up in the next couple weeks.


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