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Strategies & Market Trends : Rande Is . . . HOME

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To: Joe Smith who wrote (9948)	7/21/1999 3:24:00 PM
From: Rock_nj	Read Replies (1) of 57584

I've got a tax question. Does the IRS 30 day rule regarding the selling and rebuying of stock applying to short term trading. Lets say I daytrade a stock and it goes from 14 to 13 and I sell for a loss, then I buy back in at 12 3/4 and sell at 14 1/2, can I count the intial loss that I incurred?

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