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To: oilbabe who wrote (54614)	11/12/1999 3:27:00 PM
From: diana g	Respond to of 95453

O-Be, As long as everybody's tossing in their opinion, I think your plan will work and is legit. (And will pass an audit, should the gods visit one upon you) Wash Sale Rule has nothing to do with it. It's the sale of a portion of your position and You get to say which portion it is. imho. Personally, I'm proud to be MDR Free (Never owned it; Never will <G>) regards, diana

To: oilbabe who wrote (54614)	11/12/1999 5:41:00 PM
From: diana g	Read Replies (1) \| Respond to of 95453

I was wrong about Wash Sale Rules Wash Sale Rule extends in both directions, forward and back in time. Your 2nd purchase would invalidate the loss even tho it occurred prior to the sale of the 1st 500 shrs. I thought I understood how this worked, but after posting I thought I'd better check and when I did I found I was wrong. Sort of like doing one's research after buying the stock. <G> Sorry. O-Be, if you or anyone else was thinking of asking me tax questions, I think you should reconsider. <ses>* regards, diana *<ses> = small embarrassed smile