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Strategies & Market Trends : January Effect 2001 -- Ignore unavailable to you. Want to Upgrade?

To: Q. who wrote (114)	12/27/2000 4:59:08 PM
From: Q.	Read Replies (2) \| Respond to of 289

Now that December is nearly over, it's time to think about the exit strategy. As I mentioned in my first post, in previous years I found that what worked best was a mechanical plan: * I sold everything by the first Friday in February, unless: * If a stock had a +35% gain on a stock, I sold it automatically by a limit order Well, today I had my first sale at 35%, when a limit order triggered. It was VCLK. I wasn't expecting a sell order to execute in December. It isn't what I wanted. Now I've got a capital gain for 2000, and besides that, there's a good chance that I'll miss more bounce over the next few weeks. I should have waited until January to enter my limit orders to sell.