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Strategies & Market Trends : IRS, Tax related strategies--Traders

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To: Colin Cody who wrote (474)8/27/1998 11:55:00 AM
From: RookieTrader  Read Replies (1) of 1383
 
Thanks colin, But what about the wash sale rule?

If I traded INTC 3 times with a net loss and then I took a short position in INTC how would that affect the wash sale rule? The way you explained it...it would seem to me that the wash sale rule would not effect a short seller.

Thanks Rookie Trader
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