InvestorsHub Logo
Followers 38
Posts 4774
Boards Moderated 3
Alias Born 02/09/2006

Re: None

Friday, 10/29/2010 11:43:38 PM

Friday, October 29, 2010 11:43:38 PM

Post# of 1298
You all know how I always tell you how Oct is usually bad because mutual fund's fiscal year ends which means they want to get out of losers to raise money for next fiscal year. Well when the market runs up like this into EOY, they wait to sell their winners until Nov so they book their taxes into next year, not this one. So next week could be a big seller week.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.