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Author: JPMORON Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 120812  
Subject: WASH SALES Date: 1/3/2002 11:58 AM
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I'm relatively new in investing but have been reading a couple of items or topics. Anyway, I have a question re WASH SALES.

The scenario is:

1) I have 100 UNITS STOCK AAA, BUY 04/01/2001 $50.00/Share
2) I bought 200 UNITS STOCK AAA, BUY 11/28/2001 $ 1.50/Share
3) I sold 63 UNITS STOCK AAA, SEL 12/31/2001 $ 2/Share

Item No.3) Gave me a LOSS of approximately $2992.5 which I intend to subtract from Item No.1). Did I violate the WASH SALE RULE since I bought 200 units last 11/28 and sold 12/31?

I think the sale is OK since this is more than 31 days but is the 31 day rule referring to "31 days when market is OPEN ONLY (WEEKENDS EXCLUDED)" or 31 days starting from Nov 29?

Also, is it 30 or 31 days?

Thanks.


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