News Focus
News Focus
Followers 224
Posts 32924
Boards Moderated 3
Alias Born 10/10/2005

Re: Soapy Bubbles post# 32455

Saturday, 12/27/2008 9:13:40 AM

Saturday, December 27, 2008 9:13:40 AM

Post# of 50030
Soapy--Tax loss selling usually starts in November so that sellers can take their loss--in expectation that the stocks will get even lower going into December. If those sellers see a low price in Dec--and 31 days have gone by since their sell (wash sale rule) , they can buy in at a lower price and have a tax loss.

Nice. Happens every year. Been doing this for 15 years. I trade more between December and January than I do for 4 months in the middle of the year.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today