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To: rudyprins who wrote (33499)	10/21/2000 8:38:09 PM
From: Uncle Frank	Respond to of 54805

>> I am just beginning to learn of the nuances relating to wash sales, but did not think of it for my scenario because I was not selling FIRST to incur the loss, then buying back in +30 days. The wash rule applies to purchases made during the period from 30 days before the sale to 30 days after the sale. Those IRS guys didn't just fall off a turnip truck <lol>. Nothing naive about your questions or ideas, Rudy. We all get the urge to trade. I'd give it a try on a limited basis if I were you. Please report back your results; it will be educational. uf