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Gold/Mining/Energy : Big Dog's Boom Boom Room

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From: Ed Ajootian	10/9/2010 10:09:28 AM
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With just 3 weeks to go until the end of tax-loss selling season for many mutual funds, its time to ask the question -- do you think this will impact things very much this year? The overall markets are up about 10%, as measured by the rise in the S&P 500, whereas energy stocks are about breakeven, as measured by the DJ Oil & Gas Index, see finance.yahoo.com^djusen;range=1y;compare=^gspc;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined Layered on top of all this, we have the uncertainty regarding whether or not LTCG tax rates will increase to 20% vs. the current 15% next year. My thought at this point is that large-cap stocks that are down ought to be sold off a bit in the coming weeks but not as much as last year.

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