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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Larry S. who wrote (36550)	1/3/2002 10:40:18 AM
From: E.J. Neitz Jr	Respond to of 53068

One thing to remember is the 30 day wash sale rule. Lot of tax related selling late December....so any buy-back of those shares may fall into late January and February...however the buying we are seeing now is related to those that sold earlier (lot of them--9/11 related), so they have no 30 day rule to observe anymore. January effect could be a two stager---now and a bit later...so a nimble smart and fast trader could do quite well in here......but remember the "fast squirrel" rule......urban squirrels in fast road conditions are either fast or dead....sorta like trading now.