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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Jon Tara who wrote (13297)7/7/2001 8:58:31 AM
From: DismalScientist  Read Replies (1) of 18137
 
<< newly-rich tech investors who bought their new homes near the top, say, around January 2000, give or take a few months, will be able to avoid capital gains if they wait until after January 2002 to sell >>

What am I missing? If someone bought near the peak and is now selling at a large discount to that price (30 to 40% in Silicon Valley) , what capital GAINS tax are we talking about?
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