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Re: gorgol post# 162458

Wednesday, 12/12/2018 8:27:59 AM

Wednesday, December 12, 2018 8:27:59 AM

Post# of 232836
It’s no mystery that typically this time of year, the market sells off to make benefit of capital gains/losses for tax purposes.
My thinking is that sell off happens now to establish the LONG/TERM gain/loss. Then the market can buy back in to reset the LONG TERM cap gains/loss date for next year.
We should start to see a SANTA CLAUS rally for the remainder of the year as the market buys back in.
I’m no economist or seasoned investor but that’s my thinking, right or wrong.
Good luck to all and HAPPY HOLIDAYS!
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