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To: Chih-Lun You who wrote (9226)	12/8/1997 9:39:00 PM
From: Pierre Aydin	Respond to of 13456

There is a 31 day rule for losses, you can not buy right away, u have to wait 31 days before u could buy a stock that u want to claim as a loss after u sell it. Pierre

To: Chih-Lun You who wrote (9226)	12/8/1997 11:28:00 PM
From: Jimmy Chan	Read Replies (2) \| Respond to of 13456

is there a max amount that you claim as lost? if yes, how much? i heard from the s3 thread a while back that the max number is 3K for individual

To: Chih-Lun You who wrote (9226)	12/9/1997 7:52:00 AM
From: steve goldman	Respond to of 13456

You can not buy them back immediately.You have a 31 day waiting period to reestablish the position but still being able to take the loss. Also consider filing as a profesisnal trader and marking your positions to the market....You can also use the loss as ordinary income loss which can greatly reduce your income and be used to roll IRA money to the roth IRA. REgards, steve