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Strategies & Market Trends : The Thread -- Ignore unavailable to you. Want to Upgrade?

To: BarbaraT who wrote (26270)12/26/2000 9:16:37 PM
From: nokomis  Respond to of 49816
 
siliconinvestor.com

..it's doubly complicated for we Canadians! our "IRS" uses last Friday as settlement date for stocks traded on Canadian exchanges, but today for stocks traded on American exchanges. Since TSE was closed today, I bought NT at three different price levels on the NYSE. Canucks should be buying NT on TSE tomorrow (me hopes) for credit towards 2001 capital gains...(think Pat B. is Cdn...obviously confused here?? ..tomorrow is a new quarter for Cdn. fund managers



To: BarbaraT who wrote (26270)12/27/2000 8:49:30 AM
From: max power  Respond to of 49816
 
Hi Barbara T, I hope all is well with you.

CNBC did the same thing last year in regards to claiming all tax loss selling had to be done 3 days before the end of the year - even after a number of viewers sent emails noting the irs goes by trade date.

max


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