Thank you for the prompt and helpful reply!One other little question, if I may.You seem to imply that it's not too smart tooffset the LT gains with ST losses.Seems to me that the only way around that isto try to match them up, right?But...I kind of believe in that saying:"Don't let the tax tail wag the investment dog"(did I get that right?)So...I base my buy/sell decisions mainly onwhat I think are the best stocks to own NOW.IF I happen to be in a position to take a lossto improve my tax status, I go for it.But if I start worrying too much about long/shortterm, I'm afraid I'll lose the main focus ofmy strategy. Make sense? Thanks again.
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