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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Redman who wrote (34839)1/11/1999 8:05:00 PM
From: upanddown  Read Replies (1) of 95453
 
Red

Thanks a lot for your answer to my tax question. I had hoped it was all separate but it is a relief to hear it from someone more knowledgeable than me. I'll be sure to take your note along to my tax
audit.<ggg>

Maybe I could pick your brain a little more. This question of taxable and tax-deferred accounts has always intrigued me. Have you ever used other strategies like...an aggressive, volatile long in the IRA hedged by near or at-the-money puts in the taxable acct where you can let the long run and if the puts expire, its deductible ? Not internuts, the put prices are outrageous. Any ideas you have in this area would be much appreciated.

TIA,
John
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