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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Sr K who wrote (134201)	5/24/2012 1:33:12 AM
From: Cogito	Read Replies (1) \| Respond to of 213172

Sell shares for a loss, wait 31 days and then buy them back. If you don't wait the 31 days, the loss is a wash sale and it becomes part of the basis for the new "cheaper" shares. That's not the definition of averaging down, though, is it? When you average down, you buy more shares of a stock as it drops, increasing the number of shares you hold, while decreasing the average cost. Not that it matters. When transactions take place in the realm of fantasy, anything is possible.