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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: westpacific who wrote (58791)	4/29/2002 5:45:42 PM
From: westpacific	Respond to of 99280

NAS - 1619 key We are getting a little far ahead of the MAs here, so would not be suprised at some try to rally this week. Or we trade sideways while the MAs catch up - this could play out just as easily than a rally.

To: westpacific who wrote (58791)	4/29/2002 5:50:25 PM
From: t2	Read Replies (1) \| Respond to of 99280

Many shorts on a long term hold pattern That is the sense I get as well. I think most will be waiting for 50 to 100 Nasdaq points above the September lows to cover and go long. When you see what happened last April and September in the markets, there is little panic among the shorts. That could explain why we did not get an explosive buy off of Nasdaq 1650.

To: westpacific who wrote (58791)	4/29/2002 5:53:43 PM
From: brightness00	Read Replies (3) \| Respond to of 99280

>> Many shorts on a long term hold pattern, and thus I pay lower capital gains. Say what? Do you actually short at all? or file tax returns? The holding period for short is one day for tax purpose regardless when you initially sold it short. IRS considers your holding period begins on the day you cover it, then subseuqently "deliver" it. The only way you can get long term treatment on short positions is if you have loss from previous wash sales. So my question is how much money did you lose before you quit trading?

To: westpacific who wrote (58791)	4/29/2002 6:07:09 PM
From: sylvester80	Read Replies (1) \| Respond to of 99280

I think with just that one message you just gave yourself away... <vbg>

To: westpacific who wrote (58791)	4/30/2002 8:38:44 AM
From: vampire	Respond to of 99280

Sorry - still waiting for your answer on how you pay lower capital gains on your shorts because i believe that you ...hold them longer? as i suspected, your a 19 year old who's either never bgt a stock in his life or you're a 35 year old who's lost all his money

To: westpacific who wrote (58791)	4/30/2002 8:42:26 AM
From: Jane4IceCream	Respond to of 99280

Geez Westpacific..... Truth be told?? Guess we finally tell how you lost your clientele the THREE BILLION DOLLARS. BTW......why did you erase that you managed THREE BILLION DOLLARS from your profile a short time ago??? Jane:-)