Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 142.62

+2.2%

Nov 21 9:30 AM EST

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To: Mason Barge who wrote (7145)	10/19/1998 9:48:00 AM
From: Ian@SI	Read Replies (1) of 10921

Mason, Another perspective on Tax Loss Selling. For the first 8 months of the year, almost any selling would have generated capital gains. Many investors will also be able to realize capital losses (How's that for an understatement?). So, it remains quite conceivable that there will be substantial Capital Loss selling this year as well. The bear market in the "nifty fifty" didn't start until quite recently. Too bad there's no such thing as a "loss carryback"! Amazing! Canada actually has 1 tax advantage relative to the USA. Here, we can carryback capital losses for up to 3 years. ... or at least we can request Revenue Canada to do so on our behalf. Take care, Ian.

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