January Effect 2003 Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : January Effect 2003

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Londo who wrote (110)	1/24/2003 9:58:55 AM
From: Q.	Read Replies (3) of 666

I sold all my January Effect picks early. I finished the selling today. That was in my real dollar account. The January Effect seems to have been weak this year, as I would expect from the paucity of tax-loss selling that was visible in screens at the end of December. My paper portfolio is up about 4%, as compared to the Russell 2000, which was unchanged yesterday as compared to Dec. 27. In my real-dollar account, I netted about 2 or 3% after commissions. I think that for this year, as in last year which also had a weak January Effect following very little tax-loss selling, it would have been good to sell after about the first week of January. I would have fetched up to 14% return this time. As usual, I'll report the returns for the paper portfolio on the first Friday of February, assuming the stocks were held that long.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next