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Author: irasmilo Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121180  
Subject: Re: short- to long-term capital gain via wash sa Date: 8/22/2001 11:23 AM
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Is there any catch that I am missing to this “trick”?

In order to do what you suggest, you must indicate which block of stock you are selling and get your broker to acknowledge the same in writing at the time of the sale. Otherwise, you must consider the first shares purchased as the first shares sold.

Ira
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