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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Tom Trader who wrote (18473)5/25/1998 12:17:00 AM
From: Albert Levulis  Respond to of 50167
 
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To: Tom Trader who wrote (18473)5/25/1998 2:33:00 PM
From: Ira Player  Read Replies (1) | Respond to of 50167
 
Shorting against the box was a very good method of playing a short term correction in a stock (however attained) that has very little basis and you do not wish too pay the tax man.

Unfortunately, I believe the tax changes last year made this one useless. (constructive sale rules)

Ira