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still see Qs 35.5 in short order


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#1 greenie

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Posted 29 December 2006 - 04:32 PM

Holiday weekend delayed the process, but what is expected to happen will happen.
It is not the doing that is difficult, but the knowing


It's the illiquidity, stupid !

#2 redfoliage2

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Posted 29 December 2006 - 05:10 PM

Holiday weekend delayed the process, but what is expected to happen will happen.

Then what about the "January Effects"? Do you see it's going to play out as usual? :rolleyes:

#3 greenie

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Posted 29 December 2006 - 05:37 PM

There are whole lot of effects lined up to support stock markets next year - January effect, third year presidential effect, Congress gridlock effect :D :D From Investopedia - January effect: "A general increase in stock prices during the month of January. This rally is generally attributed to investors buying stocks that have dropped in price following a sell-off at the end of December by investors seeking to create tax losses to offset any capital gains." Did many people take tax losses in this year?
It is not the doing that is difficult, but the knowing


It's the illiquidity, stupid !

#4 jjc

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Posted 30 December 2006 - 02:10 PM

You make a great point greenie! I would only qualify it with recent SMH selling; SOX may very well bounce in new year; high tech (not yet seen in stock prices) is heating up in terms of research spending (as measured by hireing of r&d types). I'm not predicting anything; just mentioning the possibility.