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Re: researcher59 post# 63492

Wednesday, 12/15/2010 12:20:01 PM

Wednesday, December 15, 2010 12:20:01 PM

Post# of 94785
Tax-loss selling-- that's the thing... Many of the CGS stocks will tank on such selling, but if a given stock has good/great prospects for 2011, people selling other stocks may take their profits or remnants and buy the oversold stock, and obviously if there are more buyers than sellers, the stock will go back up even before Dec. 31.

And then look out for the first two weeks in Jan. 2011. As happened in Jan. 2010, some of these may be zooming 50% to 100% from such deeply oversold levels.

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