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Hi All,


If I currently own a stock long, can I sell short the same number of shares and neutralize my position? For example, if I own 200 shares or AOL, can I short the 200 shares at the same time?

More specifically since this question is really tax related: Is this a way of not selling my original shares (therebye keeping them past the year end or 1 year tax cut) and getting around Uncle Sam? Or will the short sale be treated as a sell of my original shares?


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