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Technology Stocks : iVillage (IVIL) -- Ignore unavailable to you. Want to Upgrade?

To: P314159d who wrote (527)	1/23/2000 7:59:00 AM
From: Cong Cao	Read Replies (1) \| Respond to of 598

What would happen to those day-traders who are often in and out of same stocks, sometimes with a loss first?

To: P314159d who wrote (527)	1/23/2000 8:00:00 AM
From: John Carragher	Respond to of 598

imo the ira is a tax deferred account. Transactions that go on in an ira are not subject to taxes until you withdraw money. If you have a taxable account I interpret the wash sales rules not to apply between a taxable account and an ira account. The url I posted showed wash rule is ambiguous. Do you carry this over to company 401k plans? In summary I believe transactions in a tax account stand on their own. If you wash sales between two taxable accounts then you have met the rule for a wash sale. see ya John