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To: chartseer who wrote (27469)	12/24/2000 9:09:49 AM
From: Larry S.	Respond to of 53068

How to Make Money in the Stock Market: - Beating the majority of investors means going against the herd, doing what they're not doing. You sell when optimism is at its maximum. You buy when pessimism is at its maximum. In short, buy what most investors are selling. And remember - it takes guts to be a contrarian. these words paraphrase Dr John Templeton full article: www2.marketwatch.com. Merry Christmas all larry

To: chartseer who wrote (27469)	12/24/2000 10:21:31 AM
From: voodooist	Read Replies (2) \| Respond to of 53068

Chartseer, a correction please. Trade date, not settlement date, is used for tax loss selling purposes. Friday is the last day to sell (of this I'm certain). I believe that Tuesday is the last day to cover a short position (??). Every year I am amazed at how many great minds on SI do not know this simple fact. I'm not being sarcastic (you can go into SI archives and verify this) <GGGG>. This is the reason that for tax loss selling bounces on smaller stocks, those with smaller average daily volumes, you gotta wait until close to 4:00 PM on Friday to buy. It's been my impression that the larger float, more institutionally held stocks, tend to levitate a couple of days earlier cause all the bottomfishers are champing at the bit. It is the tax loss selling phenomenon that is slowly pulling me out of my apathy. I'm an addict when it comes to end of year bargains.