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Politics : Formerly About Applied Materials
AMAT 256.41+1.1%Dec 19 9:30 AM EST
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To: Proud_Infidel who wrote (51300)8/31/2001 6:00:55 AM
From: Sam Citron  Read Replies (2) of 70976
 
Brian,

I believe it is a fallacy to assume that there will be very limited tax loss selling this year due to the lack of investment profits to offset. This is because (1) such tax losses can also offset ordinary income and (2) such losses can be carried forward to offset both investment and ordinary income in future years, when hopefully there will once more be gains to offset ;-)

Sam
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