Amidst all the preparations for the forthcoming American Thanksgiving, Christmas and New Year's holidays, we expect many investment opportunities to occur. To the financial opportunist, this volatile, tax-loss selling, year-end winding down period, over the next five weeks, could be extremely exciting and rewarding for those who pay attention.
While many institutional and individual investors will tend to close their financial books for 2003 by the second week of December in preparation for Christmas vacations, it is our view that significant investment opportunities could occur right up to the December 31, 2003 year-end.
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