InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,471.05
(
1.16%
)
US TECH 100
18,118.40
(
-0.33%
)
Dow Jones
40,829.59
(
1.20%
)
Brent Oil
70.70
(
-1.42%
)
Bitcoin
57,009.48
(
-0.02%
)
Post# of 94785
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

rru2s

Send PM Follow Ignore
Followers 10
Posts 1195
Boards Moderated 0
Alias Born 01/13/2010

rru2s

Re: value1008 post# 63497

Wednesday, 12/15/2010 4:11:24 PM

Wednesday, December 15, 2010 4:11:24 PM

Post# of 94785
Tax loss selling: Wash rule prevents people from buying back within 30 days, so if you didn't sell before beginning of December, you won't be buying back the same equity on January 1, 2011. That may prevent a "first two weeks" buying rush.

"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"
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next
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.

Sign Up