Wednesday, November 21, 2007

The Thanksgiving Rally that Wasn't

Who dat say?

There wasn't a Thanksgiving rally in 2000, either.  Uh oh...? 

I remain bullish, but with a gnawing feeling in the pit of my stomach.  One strategy to close the year out is to rotate from a losing stock position into something similar, to lock in the loss and offset gains from earlier this year for tax planning purposes.  Debating on doing some of that, although there are somethings I want to own here and also know that it's unwise to let your investment strategy be guided by tax planning.  But sometimes it makes sense if there is a stock or ETF similar enough out there.

blog comments powered by Disqus