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justthefactsmam

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justthefactsmam

Re: Orangeman3 post# 5274

Tuesday, 01/01/2019 1:20:46 PM

Tuesday, January 01, 2019 1:20:46 PM

Post# of 37346
"Mondays activity was short covering from the 1.00 to 10.00 range. Plus year end tax loss selling."

no selling on monday had anything to do with tax loss selling because in order to claim a tax loss, settlement has to occur before the end of the year. any sales on monday will not settle until 2019, hence no ability to claim a 2018 tax loss for monday's sales.
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