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MarryMoore

04/15/14 8:47 PM

#110062 RE: Newbie2010 #110052

You locked in your 20% long term capital gain. Now if you sell big it's taxed at ordinary income.

That's my big dilemma right. I have a huge profit at 20%. My fear is that if I sell then get back in for a bigger profit I'll pay 39.6% tax rate. If I continue to hold and it goes south for whatever reason then I lose anyway. I'd like to keep that extra 20% but could lose it if it reverses.

I play this game in my head every tick of the chart. Last Friday I got nervous but the longs came in big at .025.