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Pastimes : Ask Mohan about the Market

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To: purecntry5 who wrote (9695)	11/28/1997 12:34:00 PM
From: Snowshoe	of 18056

>>From whence has todays strength come?<< The Wednesday before and Friday after Thanksgiving are typically up days for the market. Various reasons have been suggested, among them that (due to the IRS wash rule) it is the last chance to "double-down" on losers that one wishes to sell for a tax loss at the end of the year. The Monday subsequent to Thanksgiving is often down.

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