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Strategies & Market Trends : Income Taxes and Record Keeping ( tax ) -- Ignore unavailable to you. Want to Upgrade?

To: Colin Cody who wrote (2349)	10/29/1999 2:17:00 PM
From: Spots	Read Replies (1) \| Respond to of 5810

Well, now, I gotta admit I don't recall the scenario, but there is some set of moves for tax purposes which have to begin today because of the 61 day bracket. I do not recall the moves, but I do recall a strong impression that it isn't all that unusual a situation (whatever it is). Of course it's possible it's baloney and I was taken in by a false scenario, but I don't think so. I do understand the wash sale rule. But since I can't remember what the scenario is, I guess the joke's on me <GG>. I admit the example you gave is too far-fetched to be reasonable. The only semi-plausible thing I can think of at the moment is if you want to take a loss and don't want ANYTHING you do next year to affect it, you have to start now. This isn't very plausible either <g>. Spots