Sunday, November 30, 2008 11:18:46 PM
We expect the tax-loss sellers to start this week ,
and continue to accelerate through Dec. 31 , 2008.
Especially if they are quick enough to qualify for
a short-term tax-loss ; which is worth 25-35% CASH ,
paid back from the IRS. That's more than 5 Times
the current 'value' of wnbd.
If they let their losses go long-term, they are only
worth a 15% cash give-back. That's like throwing away
half of your IRS refund.
extra , Sincerely .
P.S. ; Just check with your own accountants. They usually
recommend dumping of massive short-term losers , starting
right after Thanksgiving. Usually, by the last half of
December , the massive losers , that are already down ,
more than 50% this year , will be down another 50%.
P.P.S. ; If the daily volume doubles from the recent average,
that's a confirmation of tax-loss selling. [We've already
placed our sell-orders , trying to beat the other shorters.]
Averaging-down is profitable, for shorters, only.
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