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Joe Stocks

12/09/02 12:31 PM

#53557 RE: ItsAllCyclical #53537

>>>It seems to me that in watching the action of past years that tax selling is largely over by early to mid Dec. Most of the big blocks get sold way before then. It's pretty obvious when an issue is going to get sold for tax losses so why be the last seller.<<<

Every year for the last three I have bought tax selling candidates. I can't think of one where I didn't get my best price in the last week of trading. Remember that last week is on low volume so small voliume can move stocks. Since the market fundamentals look like crap I'm inclined to wait until the end of the month.

Joe