Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 322.34

+1.1%

Jan 23 9:30 AM EST

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To: John Trader who wrote (42272)	2/15/2001 9:11:16 PM
From: advocatedevil	Read Replies (1) of 70976

John, I started to respond with an answer to your question about taxes and short selling, but quickly realized I'm not the best person to be providing an explanation. I really don't concern myself with taxes when it comes to short-term trading other than to simply assume I'm going to get hit at a high rate (and I'm seldom wrong there). I do know that calculating taxes can be confusing if you have a combination of positions in the same security. As for after hours trading, yes, I sometimes trade in extended hours. I have friends who claim to have made great trades by throwing out low bids and high asks and waiting for someone to bite, but that's not for me. AdvocateDevil

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