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Strategies & Market Trends : Roth IRA ideas -- Ignore unavailable to you. Want to Upgrade?

To: mod who wrote (317)	12/14/1998 9:34:00 AM
From: Colin Cody	Read Replies (1) \| Respond to of 388

Dennis, I don't know what you are saying. If you are talking about an IRA being a "trader" and that this "does not count" towards [you perhaps?] for trader status, then I'd agree: no, not directly. But then you mentioned "taxable trades". I know of nothing requiring trader status to avoid non-taxable trades. What is his reference for this? What I have said in the past is if the individual is a trader status taxpayer, AND he has an IRA that mirrors this type of activity, that the IRA may be looked at as a trader. BUT as I wrote earlier today, a so-called "trader status" IRA, may not be a problem anyway. Colin