Seeking Alpha

JOETRADER » Comments » IJR

  • 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.
    >
    >
    Dec 25 11:32 am |Rating: 0 0 |Link to Comment
More on IJR by JOETRADER
Comments by Ticker
JOETRADER's
Comments Stats
27 comments
Rating: 3 (10 - 7 )