Taking Advantage of the January Effect [View article]
YOU SEEM TO HAVE GREAT INSIGHTS. DO YOU MIND SHARING YOUR SCREEN CRITERIA WITH OTHERS?
On Dec 25 09:44 AM bowater wrote:
> I agree with your general theory of the "january effect". ETF's are > good. > > More money can be made with individual stocks. More work, more profit. > > > I don't think any ETF will be up 100% by January 15th,2009 > > But some stocks in the ETF will. > > you must find those stocks. > > here is how I proceed: > 1) find a company that will not go out of business in the next 2 > years. > 2) make sure that the stock of this company was shorted at high prices > during 2008. > 3) this stock must be able to double from the current price and not > > reach 50% of the 2008 high to be a candidate. > > if you find ones that meets this criteria, you will have winners. > > > > these are your big winners. the reason is simple: no tax loss selling > in > January (selling pressure lifted) the shorts will cover because no > taxes til > April of 2010. > > I have been doing this since 1972. > >
Taking Advantage of the January Effect [View article]
On Dec 25 09:44 AM bowater wrote:
> I agree with your general theory of the "january effect". ETF's are
> good.
>
> More money can be made with individual stocks. More work, more profit.
>
>
> I don't think any ETF will be up 100% by January 15th,2009
>
> But some stocks in the ETF will.
>
> you must find those stocks.
>
> here is how I proceed:
> 1) find a company that will not go out of business in the next 2
> years.
> 2) make sure that the stock of this company was shorted at high prices
> during 2008.
> 3) this stock must be able to double from the current price and not
>
> reach 50% of the 2008 high to be a candidate.
>
> if you find ones that meets this criteria, you will have winners.
>
>
>
> these are your big winners. the reason is simple: no tax loss selling
> in
> January (selling pressure lifted) the shorts will cover because no
> taxes til
> April of 2010.
>
> I have been doing this since 1972.
>
>