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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Zeev Hed who wrote (722)10/17/2001 6:00:23 PM
From: Math Junkie  Read Replies (1) of 99280
 
There is another driver for a selloff into December, and that is tax-loss selling. People like me, who combine short term trading with longer term positions, may have paper losses, but have booked taxable gains from trading. Depending on what their marginal tax rate is, it may turn out to be worthwhile for them to book some tax losses in December.
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