Over at the asylum, our good friend (and highly delusional) Donmar62 has posted this:
"The tax loss selling can be a factor ( difficult to "gauge" as there's no marking on the shares sold ) ...often the downdraft turns before the last week of year , or during that week."
Does Donboy understand that any seller cannot repurchase shares until 30 days later? Does he understand that any sale, with intent to repurchase, would then preclude a purchase before the JPM Healthcare conference? Does he realize that selling out a 2 and change stock for tax purposes isn't very likely period!
I love reading the posts of those who put their foot in their mouths and leave no doubt just how little they understand about what they are doing!