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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Jerome who wrote (51338)8/31/2001 10:23:05 AM
From: michael97123  Read Replies (1) | Respond to of 70976
 
Jerome,
A return to positive market sentiment should overwhelm tax loss selling. Of course if you take all your losses and reenter immediately into similar stocks(amat/nvls) one could have tax free gains forever or at least i could. mike



To: Jerome who wrote (51338)8/31/2001 1:28:02 PM
From: michael97123  Respond to of 70976
 
Jerome,
Bob Pisani on cnbc just asked the same question about institutions have little gains to offset. Said he had talked to Lipper people and they didnt get september/october tax loss selling as being a factor in propelling markets lower this coming month. If anything there could be less selling than last year. Remember folks only $3000 to deduct. Lost that in January. mike


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