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Tuesday, December 30, 2014 11:01:02 PM
The smart tax sellers sold on Nov. 28 betting that we probably wouldn't get any news for the rest of 2014. Selling on Nov. 28 which many of them did i.e. volume on that day was 331,000 and the spread was huge at .46L and .57H. Those folks can now buy back in on the first trading day of 2015 in front of the announcements thereby making that move look very smart.
For the rest of us we can expect a decent volume on the buy side on the first trading day of 2015.
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