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Author: Cameran Two stars, 250 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121219  
Subject: Wash Sale Help Date: 6/9/2001 3:27 AM
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Hi, I've spent a few hours reading the posts on this board about wash sales and doing my own research in books and on the web. However, I'd like to ask my question just for some reassurance from other people.

First off, here's my situation: I plan to sell all of my stocks and repurchase them within the same week. I'm a long term investor, but when I switched brokerages something got messed up in the transfer. Now I've got to sell and repurchase.

-I've held most of the stocks I plan to sell for quite a while, and I haven't bought any new shares within the last 30 days. Would my selling and repurchasing within the same week constitute a wash sale? I would not be selling these shares again nor buying again within 31 days of my sale and repurchase.

From what I've gathered, this is a wash sale, but I'd just like to make sure.

Thanks in advance.

Foolishly Yours,
Cameran
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