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nsomniyak

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nsomniyak

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Re: Distantpulse post# 35394

Monday, 11/02/2020 11:04:43 PM

Monday, November 02, 2020 11:04:43 PM

Post# of 40914
Maybe. If I sell I will continue to monitor the stock, but I won't be in a rush to get back in.

Around the first of November I generate that list of stocks I hold that are candidates for tax selling by virtue of being well off their 52 week highs. While some bounce in Nov and Dec, 9 out of 10 not only don't bounce but drop further.

I generally do some pretty aggressive selling in early November. Capture the losses before further drops and raise some cash for year-end bargain hunting.

If I could afford to buy all of them, I would not need to buy any of them and I sure wouldn't be spending time on the message boards!

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