"Gambit13" they can write the loss off for 2010 (short term sales have to have been held for 3 months to be a write off), then repurchase at a lower pps in 2011 and hopefully pay capital gains taxes for 2011 if they sell during 2011. This is basically what big funds and major mm's have been doing the past few weeks, cleaning up their portfolios. IMO the closing pps at the end of today (end of 2010) will be our bottom range ... see "Leviateme's" chart post #15539. IMO we are at our bottom range and nothing but upside from here but I can't predict a time frame, but as I said imo, "NOTHING BUT UPSIDE FROM HERE."
HAPPY NEW YEAR GAMBIT13!! GLTY AND GLTA
"Dondada" thanks for correcting me 31 days, not 3 months.