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SPDR Portfolio Short Term Treasury ETF T.SST.U


Primary Symbol: SPTS

The investment seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg Barclays 1-3 Year U. The fund invests at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of short term (1-3 years) public obligations of the U.S. Treasury.


ARCA:SPTS - Post by User

Post by tooclassyon Dec 18, 2007 11:40pm
330 Views
Post# 14043170

Only 8 trading days left in 2007, then the rebound

Only 8 trading days left in 2007, then the reboundFor all of you that are mistaking tax-loss selling based fire-sale prices for stocks like Silverstone and many others with the "end of the world as we know it", I would like to point out that there are now only 8 trading days left during 2007. After that it is a new year and tax losses are absolutely and completely finished as a motivation for selling. Companies which are sitting on good news until the new year, combined with an absence of tax loss sellers when that news comes out, will result in the inevitable stock price rebound in many cases. I am loading up the truck with bargains such as Silverstone, First Growth (TSX-V: FGC), Golden Phoenix (OTC: GPMX), Franconia Minerals (TSX: FRA), Selwyn (TSX-V: SWN)  and Sterling Mining (OTC: SRLM). Most or all of these stocks are at 12 month lows. Tax loss selling is maximizing my chances for profit in 2008, since most of the hot air has been pounded out of the stock prices in the aforementioned stocks and many, many others. In contrast to tax loss selling, my strategy is also known as "buy low, sell high". Try it, it sure beats "buy high, sell low". Please, don't follow the lead from tax loss sellers who are going to miss the inevitable January rebound. Happy New Year. Literally.
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