SI
SI
discoversearch

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 : The coming US dollar crisis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DebtBomb who wrote (14854)11/23/2008 2:27:02 AM
From: lifeisgood  Read Replies (1) of 71475
 
It seems to me after this historic market drop this year, the selling pressure will exist through year end on tax loss selling.

I always thought tax loss selling was designed to offset capital gains. Who, may I ask, has any of those this year? The last 9 years of gains have been wiped out. Why would anyone sell at a loss now for tax purposes? What am I missing???

best...

LIG
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext