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Re: KyrosL post# 53532

Monday, 12/09/2002 12:01:43 PM

Monday, December 09, 2002 12:01:43 PM

Post# of 704019
Re: Tax selling of utes. It seems to me that in watching the action of past years that tax selling is largely over by early to mid Dec. Most of the big blocks get sold way before then. It's pretty obvious when an issue is going to get sold for tax losses so why be the last seller. Of course individual investors think a little differently. I don't think we're going to see lower prices than some of the recent "corrective" lows on many of the utes and IPPs, but it probably is a good time to slowly accumulate on any weakness.

Given AYE's action and the fact that MIR reports this week I think today is a pretty good day to buy for someone who doesn't have an initial position. The IPPs should start a decent near term run on any positive news out of MIR.

Thanks again for all the research on RRI.

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