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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (31532)1/21/1998 8:44:00 PM
From: alvin ung  Read Replies (2) | Respond to of 61433
 
Tim,
As a daytrade who doesn't hold a long position overnight, what if the stock you are in drops, do you sell at a loss for the day? And if so, don't you have to stay out of the stock for 30 days, or do you just forget about the loss in the stock for tax purposes against your gains. Thxs in advance,
Alvin