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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jim Willie CB who wrote (1855)9/17/2000 10:30:29 AM
From: plow guy  Read Replies (2) of 65232
 
JW

good morning,

i have a ? that has nothing to do with your current subject (sorry).

I am under the impression that annual tax loss selling for institutions has to be completed by Oct. 30 to get the deduction this year.

Is that correct?

i.e. A stock moves from 175 to 65. That could off set a lot of gains.

Being a rookie i am wondering if any of you have witnessed this and how powerful is it?

thanks audie

go lions (find some offense)
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