The tax selling doesn't usually happen until the Feb. March timeframe. IMO, there won't be much selling this year, because there aren't many capital gains taxes to be paid. Not many made any money this past year. I think most of us on this board faired well in comparison to others.
On some issues yes we could see Tax loss selling, but I think a lot of it is already done. Most do it in November and buy back late December, I know I sold my POS's in early September. I think we are shaping up for a great Jan thru Mar rally. Rates are just too low for a person to put there money any where else.
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