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Jerry,
You have a very good point. I wonder how it will effect the long term
investors strategy. Gives me something new to think about.
Harley
Greatelto@xxxxxxx wrote:
> Harley....
>
> Your thoughts on speculation carry a lot of truth. The rotation
> between blue
> chips and spec stocks has historically followed a relatively set
> pattern.
> But with the recent changes in the tax laws, that pattern must be
> modified
> to some degree. With the lower capital gains tax, growth stocks now
> appear
> more attractive than higher quality yield stocks.
>
> Jerry
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