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Wednesday, August 04, 2004 6:22:04 PM
Volume has been rewally low, about 3 million, for days. It would be a nightmare to try and catch an upturn with 2million on the table.
I guess what you have to do is believe you are selling off of the bottom???? Or to you use FIFO or LIFO?
I asked a tax question on the board some time ago without an answer. If I have several purchases of the same stock over a period of time and only sell part of them before the end of the tax year, do I have to use FIFO or LIFO, or can I use whatever purchases will result in the least taxable income?
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