Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (84597)	12/23/2008 8:19:32 PM
From: rubbersoul	Read Replies (1) of 94695

Capital loss selling should be done by tomorrow....at least on the Canadian side. Here is what I think: Tomorrow won't be too dramatic up or down due to a shortened session but with gold options expiry over with today PMs could bounce. But last day for capital loss selling could add downside pressure. After Christmas, the markets rally as funds prop up their returns (end of month). Then we sell off at the beginning of Jan.....recover somewhat by the time Obama takes the reigns with renewed optimism then correct again during earnings for 1st quarter. Then we rally into March/April. <BWDIK>

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