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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Fortune who wrote (53627)12/30/1999 8:36:00 AM
From: BarbaraT  Respond to of 108040
 
I apologize if this was already answered since there are still about 60 posts to go through .. but to answer your question, tomorrow is the last day for tax write offs. The last day is the "trade" date, not settlement date. A lot of comments on CNBC about how many are closing their books early so that the "settlement" is prior to Y2K in the event of a problem. But you can sell up unil the market closed on 12/31.



To: Mr. Fortune who wrote (53627)12/30/1999 4:35:00 PM
From: josher61  Read Replies (1) | Respond to of 108040
 
OT: Mr. Fortune: Re your post this morning asking about tax loss day. Im quite sure that the Canadian situation is different from the American. My understanding is we go by the settlement date, not the trade date, so the tax loss date for us here has passed. Not sure if anyone answered you or not on this, but just wanted to clarify because I know you are a canuck too <g>