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Re: Ace Hanlon post# 127420

Tuesday, 07/08/2003 1:48:42 PM

Tuesday, July 08, 2003 1:48:42 PM

Post# of 704041
George i am returning to my conjecture that big selling pressure won't materialize until those that bought post last July lows start hitting their longterm hold and thus only 15% capital gains tax. This pushes us into August.
But from that point on in that we include those that bought in at October lows, the profit taking should be relentless, imo.
The potential alchemy is, mix a "blow-off top" and a vast number of people wanting to sell for profit at the 12-month mark, we have, (NO CRYSTAL BALL, here), a collapse potential that starts to develop in August and could well go to November the 7th. Just pondering:)

He played his video game night and day.
The MAZE of Death.
But that is the game we all are in, the trick, don't believe it.Get above it all and imagine nothing is what it seems.Kill the machine.otraque

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