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Re: seekingalfalfa post# 7242

Tuesday, 12/27/2011 8:57:38 PM

Tuesday, December 27, 2011 8:57:38 PM

Post# of 12338
Sorry, but the settlement date has absolutely nothing to do with it. If somebody sells a position before the close of trading on the last day of the month it will work as long as they do not buy it back within 30 days. This has little bearing on tax loss selling IMHO though. Few people want to miss out on the "january effect" and have already done their tax loss selling by the end of November.
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