Bob Brinker: Market Savant & Radio Host Message Board

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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Boca_PETE who wrote (11021)	12/7/2000 8:59:27 PM
From: MrGreenJeans	Read Replies (1) of 42834

Pete Mr. GJ - Regarding LONG-TERM CAPITAL GAINS a taxed at 20%, I certainly would agree with your point. BUT not for SHORT-TERMS GAINS which are taxed at higher rates. The current QQQ trade is being tailored as a short-term trade which hopefully(?) will be taxed at short-term gain rates if it attains profitability. My point is it is better to pay short-term capital gain taxes than offset losses because a trade did not work out. We would all prefer to pay more in taxes short or long-term because of winning trades than have offsetting trades.

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