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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: bobby beara who wrote (2830)12/25/1998 2:12:00 PM
From: voodooist  Read Replies (1) of 99985
 
>>>Tuesday, the 29th is the first day that investors can cash in for 1999 gains<<< I just lurk here, but I've always believed that trade date, and not settlement date, is used for purchase and sale. Under this scenario we can wait until 3:59 on Dec. 31 to sell for losses or gains. Have I been wrong all these years? Or is there something else that I don't understand?
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