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two-bit sage

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two-bit sage

Re: LUCKYTT711 post# 14923

Monday, 11/26/2007 12:20:53 PM

Monday, November 26, 2007 12:20:53 PM

Post# of 20076
Well, if there was shorting, you're right about the 12/03/07 date. We should see some buying pressure then.

We should also be mindful of the "wash sale" rule. If some of those sales during the selloff after the Q were a tax strategy to recognize some capital losses for those that bought AAGH in the .30's, we'll probably see some buying pressure due to that effect within a few weeks as well.

I also don't see much selling pressure beyond .10 now so I'm comfortable with my position.
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