Re: Random thought on Tax Loss

TODAY'S DISCOVERY, TOMORROW'S FUTURE

Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Montrose2

Rank: President [?]

Points: 2046 [?]

Votes: 80 Score: 3.7 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Random thought on Tax Loss

in response to

Re: Random thought on Tax Loss

woozlecat

posted on Nov 28, 2008 09:00AM

Don't get me wrong. I am not selling at all. Just attempting to understand some of the factors that may or may not be impacting the market in general and this issue in particular.

Am a long term holder of KXL and while I did sell a portion last year, that was to help my kids get into a house. Good thing too as I wouldn't have been able to do that this year.

Experience has shown that the venture issues trail the main index during any recovery. Given the continuing upward movement in the TSE and the DOW we should start seeing venture issues on the rise in the weeks to come.