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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Dennis 3 who wrote (49757)	10/12/2012 5:24:05 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78666

This brings up a good question for this board. What are your strategies going into year end? Do you think there will be a year end tax sell-off? Do you think we can pick up some cheap stocks in December? That's more than one good question. -g- ============ Jmo: seems to me like there will be a year-end sell-off, especially if cap gains rates aren't going to be changed and we revert to the higher tax amounts for 2013 gains and income tax rates (part of the fiscal cliff issue). As of now, I'm not selling anticipating the market will fall. What I'm doing is behaving as if there will be a year-end rally. I am trying to reduce my cash account by making stock purchases. I'm making no plans to make sales for capital gains or losses - I already have enough losses booked. Since I am buying some stocks now that look cheap to me, I suspect I'll also find some in November and December too. That's me though - I buy a lot of stocks and perhaps my opinion of cheap stock is different (looser) from most people. Other people will have their outlook and perspective-- perhaps different and maybe better, more accurate than mine.

To: Dennis 3 who wrote (49757)	10/16/2012 1:56:42 AM
From: Asymmetric	Read Replies (1) \| Respond to of 78666

I think I can pick up some cheap stocks/bargains going into year-end, and so am raising cash as the opportunity presents itself to lighten up. I think it's often not what you buy, or actual tactics, that determines how well you'll do, but how you position yourself strategically, where if the market does materially weaken for whatever reason - the European crisis, disappointing earnings, tax related selling, the fiscal cliff, etc you are there to take advantage of it, and to do so in some size (relative to your means). I guess I differ from Paul in this, but then, that's what makes a market. - A.