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On that note, is it a losing proposition for me to liquidate and then repurchase shares (within the 60 day window)?

Probably not, but, you should look for any transaction costs and fees for buying, selling, transferring, and closing accounts.
Just another reminder, however, that if you cash out your 401k plan and have a check payable to your sent your former employer may have to withhold 20% taxes.

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