Zale Corporation (ZLC)

[Lawrence 147]

Relax just look at the profits made from this year alone, in at the low and an easy triple. This is just tax selling and profit taking; get the cheepes while you can. This will rebound in the new year. Wouldn’t you prefer to pay the tax at this years rate compared to next years rate? Just think Obama care alone adds 3.6% capital gains surcharge (Tax) not to mention Capital gains is going up. Next year you will be paying nearly 50% on all your short term trades.