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Re: mc67 post# 3365

Saturday, 04/12/2014 1:28:30 AM

Saturday, April 12, 2014 1:28:30 AM

Post# of 32010
Actually, there are a few other reasons for the big drops the markets are experiencing. Fwiw, I wrote a book on how and why this happens and document my predictions online with near 100% accuracy.

Here is a list of some of the reasons why April is BloodBathMonth.
1.) April is the only month MM's have all three SSOI Focus reports due. (Supplemental Statement of Income for the IRS)
2.) The biggest SSOI is due this coming Monday, so MM's devalue their inventory using wash and cross trades as much as possible starting yesterday (Thursday) & into today, to claim unrealized losses, instead of paying taxes on unrealized gains.
3.) People are selling to pay Uncle Sam, notsomuch investing. wink

The rest of April almost always sucks, then after the tax smarting wears off, May usually ROCKS.

Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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