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Re: None

Tuesday, 12/05/2023 4:02:55 PM

Tuesday, December 05, 2023 4:02:55 PM

Post# of 7779
I'm pretty sure everyone knows this, the first thing a lot of investors do, after Thanksgiving is to ask their brokers where they stand on Capital Gains. Then they lay out a plan for how they deal with that, i.e. sell losers to offset gains, etc. Then after 30 days you get to keep the tax loss and can buy back in.

The second thing that traders with deep pockets do (assuming they have a family) is to focus on the Holidays. I doubt that the people working on this are focused on this in December. I could be wrong, but in 30+ years, I've had very few "run" in December.

So set some alerts on your accounts so you'll know if volumes pick up and enjoy the company of friends and family. Your phone will let you know if something is happening. And don't expect it in the week after New Year either. But January can be the time of year when traders, who have been out of the stock for 30 days, can buy back in while still keeping their losses. Couple that with news and it's going past a couple of pennies, imo.

GL and Happy Holidays to All!