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Mt bigsky

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Mt bigsky

Re: BareBaxBo post# 43392

Friday, 12/28/2012 12:30:53 PM

Friday, December 28, 2012 12:30:53 PM

Post# of 44374
Pretty sure most of this is tax loss sell off to counter gains in other stocks. Worked for me. This fiscal cliff is scaring some investors into selling off positions with profit so they need to sell loses to avoid capital gains.
Tuesday will be interesting as this pressure will be gone.
Because of the wash rule some of us will not be able to buy for 30 days after we made our sales. As the end of January approaches buying may increase somewhat just because the 30 day wash rule will be met.

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