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To: Linda L who wrote (51212)	7/19/1999 1:24:00 PM
From: SMALL FRY	Read Replies (1) \| Respond to of 120523

A wash sale can be carried over to the next profitable trade of the same stock... plus I'm not really worried about a $450 tax loss... I'm more worried about losing $2000. <g> The truth is that tax consequences is the last thing in my mind when it comes to trading... it will be a nightmare if it ever does come into consideration. BTW - that 600sh stop was not a total loss... it carried a 32 3/4 average... but 200 of those were bought at 31 SF

To: Linda L who wrote (51212)	7/19/1999 1:26:00 PM
From: Joe Hoek	Read Replies (1) \| Respond to of 120523

Linda L - you can claim a loss even if you buy again within 30 days, you just need to postpone the write off until you sell the new security. You never lose a write-off on a loss, only postponement. If it's all done in the same tax period then it makes no difference in the end...