Monday, October 24, 2016 2:26:03 PM
In the case of CTIX, it is a good trading vehicle.
My long position was started many years ago, and it is still very green, and I have no reason to sell it.
Over the same period of time, I have bought and sold trade positions in CTIX dozens of times.
I am expecting a 30% bottom to top trade opportunity. I have not bought recently. Would be nice if it is more.
Tax loss selling. You may be onto something. Not sure, if so, it would just be part of the technical picture. I read this scenario almost every year CTIX is trading lower in December. But, as a trader, I will be buying if the tea leaves tell me so. Even in December.
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