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IBDvalueinvestin (99.67)

Alert "Buy today's dip" Tax loss selling about over.

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December 28, 2011 – Comments (2) | RELATED TICKERS: TNA , SPXL , QQQ

Don't be surprised if the market snaps up today's down stocks and makes a strong comeback.

Today's tax loss selling is just that. People are rotating out of stocks where they can claim a tax loss for 2011. 

Soon they will look for a stock to re-invest this money from the tax loss sell to a stock they think will do better in 2012.

 

So what to do right now? Search for a stock that is down today but has good prospects for 2012.

2 Comments – Post Your Own

#1) On December 28, 2011 at 1:53 PM, IBDvalueinvestin (99.67) wrote:

Based on the price movements investors are doing just that. They are buying today's cheaper stocks with potential for growth in 2012.

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#2) On December 28, 2011 at 2:00 PM, IBDvalueinvestin (99.67) wrote:

Research Paper proves my point above. Get ready for the January Bounce up in stocks.

http://www.jstor.org/pss/40473126

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