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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (54615)10/24/2001 3:59:04 PM
From: Justa Werkenstiff  Respond to of 70976
 
Jacob: Re: "I'm guessing we don't get any tax-loss selling from here to year-end.... Have a time-frame on that?"

I disagree but it won't matter anyway because a retest will not require tax loss selling. It is as natural as rain.
I think we will need one in this environment in order for a bull market to have a chance. Retests can take a few weeks or months. So that is my time frame. I have very little confidence in being more specific in this environment.



To: Jacob Snyder who wrote (54615)10/24/2001 4:10:25 PM
From: Math Junkie  Respond to of 70976
 
"I'm guessing we don't get any tax-loss selling from here to year-end." [emphasis added]

Wrong!

I plan on doing some!

Of course, any proceeds of my tax-loss selling will be reinvested in something that is just enough different to avoid the wash-sale rule, so maybe it doesn't count? <g>


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