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Technology Stocks : Creative Labs (CREAF)
CREAF 0.470+4.9%Jan 12 9:43 AM EST
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To: BZOOKA who wrote (7023)12/11/1997 4:39:00 PM
From: Doug Fowler  Read Replies (1) of 13925
 
General question:

If I sell a stock at a profit (to offset other losses) and then buy it back in two weeks, will I be able to use that this year as a gain, or will I have to wait at least 30 days?

(I know the answer if I sell it at a loss and then repurchase it in less than 30 days, but I am wondering if that applies to gains as well.)

Thanks
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