Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Bill Harmond who wrote (9777)	11/28/2001 1:52:44 PM
From: Oeconomicus	Read Replies (1) \| Respond to of 57684

Expecting to get back in at a lower price when others take their tax losses? Trying to take yours "early" so you can buy back from the last-minute sellers? Could it be that the weakness the last few days in some of these stocks (like AVCI) is a result of too many others doing the same as you? Friday is the last day you can take a loss and still be able to get back in before year end (while others are presumably still taking tax losses on 12/31) without a wash sale. And since 12/31 will likely be a slow, illiquid day, most who would want back in at the presumed year-end low should have sold by today. I'm not so sure that last year's last-minute tax loss selling wasn't the exception. Doesn't it usually hit a bit earlier? Bob