Holiday weekend delayed the process, but what is expected to happen will happen.
still see Qs 35.5 in short order
Started by
greenie
, Dec 29 2006 04:32 PM
3 replies to this topic
#1
Posted 29 December 2006 - 04:32 PM
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !
#2
Posted 29 December 2006 - 05:10 PM
Then what about the "January Effects"? Do you see it's going to play out as usual?Holiday weekend delayed the process, but what is expected to happen will happen.
#3
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
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 !
It's the illiquidity, stupid !
#4
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.