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To: voop who wrote (37830)	8/9/1999 1:01:00 AM
From: MMW	Respond to of 152472

Voop, See, here is the problem when you move in and out the different stocks. When you made a profit, you have to pay the taxes on the profit. You stay in the market and you put money in different stock. If the stock take a beat, you lost the money in a different year. Based on tax law, you only allow to deduct your losses up to $3000. You have to carry it over years for deductions. Alternatively, if you buy a stock, Intc, Msft, or Csco, you hold them for 5 - 10 years. The value accumulated over time could be 50 - 100 time over your cost, and you do not pay a penny tax until one day you decide to get out altogether.