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Pastimes : son of T/FIF
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To: LLCF who wrote (243)11/8/1999 10:55:00 PM
From: scaram(o)uche  Read Replies (2) of 673
 
Yeah, I wasn't taking taxes either. I was just saying that your margin trick could also be used to make profits a negative, and hold the tax cost at the original 100K.

If you look at "bounce", you'll see that the performance, as shown, doesn't reflect the true performance. Profits were socked back into "$", so that the tax cost was always increasing.

I'm not making myself clear, but.... that's OK.

Thanks.
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