Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 260.77

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Dec 24 12:59 PM EST

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To: Gottfried who wrote (50832)	8/20/2001 12:32:48 PM
From: kdavy	Read Replies (1) of 70976

Gottfried, When does the fiscal year end for the mutual funds for tax purposes. My understanding was that like everyone else they are taxed on a calander year earning. But according to the following article, dailynews.yahoo.com mutual funds are taxed on Oct 31 fiscal calander. That means that september, october are last two months for tax selling for the funds. Since, many stocks such as jdsu, emc, txn, ntap are way down for the fiscal/and calender year, these are good targets for tax selling. I would be very reluctant to make any major bets for the next two months except for short term trading. If tax selling plays an important role this year then we may be looking for another bottom in next couple of months. kdavy PS: I am happily st trading and writing covered calls. This will again I will write some more.

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