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Non-Tech : Dorsey Wright & Associates. Point and Figure

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To: Logain Ablar who wrote (3801)12/30/1999 10:19:00 AM
From: Harry   of 9427
 
My two cents from Money:

If you sell an investment at a loss, you can't claim this loss on your income tax if you purchase a similar investment within 30 days. Internal Revenue Service rules state that losses on a sale of stock can't be used as losses for tax purposes if an equivalent stock is bought within 30 days (either before or after the sale date).

Harry

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