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Strategies & Market Trends : IRS, Tax related strategies--Traders -- Ignore unavailable to you. Want to Upgrade?

To: Colin Cody who wrote (343)	6/17/1998 11:14:00 AM
From: David R. Parker	Respond to of 1383

Colin....I understand.... "hyping some publication"...I understand. Some of these "controversies" seem to primarily benefit the advisors that must be retained to argue the case. Back to the topic though, I used to pull my hair out trying to keep my records straight, know my "correct" basis on repurchases, etc....until Roy (TMFTAXES) on the Motley Fool suggested just trading away without a care, but to stay out of any stocks with losses for the 30 days prior to end of year. This works for me...perhaps it just appeals to us "simple minded" folk..<g>...and December is usually a weak month anyway...and I like to take the last half of the month off for the holidays anyway! Glad to hear his advice was correct...my tax man thought so too. Regards, David