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To: rocklobster who wrote (4640)	10/26/2000 1:46:32 PM
From: pooh	Read Replies (2) \| Respond to of 8046

smartmoney.com

To: rocklobster who wrote (4640)	10/26/2000 1:49:17 PM
From: vagabond	Respond to of 8046

Re "wash sale" rule & daytraders: Here's a terrific site that explains the whole matter of becoming classified as a "trader" for tax-purposes, which -- among other things -- eliminates the "wash rule" issue. But as it makes clear, there are very specific requirements and also some possible down-sides to consider... fairmark.com Once you've checked out this particular site and its various links, also go to the Fairmark HomePage (http://www.fairmark.com) and check out the rest of their extensive tax-guide for other types of investors. Their guide is by far the most comprehensive and easy-to-understand tax-guide I've ever found on the Internet... Vagabond