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

To: TheMotoMan who wrote (8040)10/19/1998 7:13:00 PM
From: Ed Pittman  Read Replies (1) | Respond to of 10227
 
Moto..
I have at times short term trades..my next timing period is Monday next Oct. 26..Which I think will be a low.. So, i'm not going to read into it..So, I'm waiting once again until that date and see how it reacts into that date.. Before going long..

I think the market is going to move north next month and Dec. and Nextel should benefit from that move.

Good luck,
Ed



To: TheMotoMan who wrote (8040)10/19/1998 7:21:00 PM
From: Rob Prickett  Read Replies (2) | Respond to of 10227
 
MotoMan,

Regarding the wash sale rules: Wash rules were made to prevent playing around with capital gains losses. I think that if you rebuy before the 30 day period, you are just required to reset your basis. You may want to check into this.

Rob


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