Replies to post #8702 on A.I.M. Users Bulletin Board (AIMUSERS)

[PDAH]

Linda,
If the gains from sales of position held for a year then the tax I believe for federal will be capital gains of 15%. I don't think that there are state or city capital gains taxes. Other wise if the position where held for less than a year then the gains are at regular rates the highest of which is 35% I think. They have changed the rates twice on me now thanks to President Bush.

Pete

[Conrad]

Linda,

I am glad to hear the Error is fixed. I still cannot understand though how your PC-value went down as result of a Buy Order!

For infor on VORTEX see:

http://www.aim-users.com/aimware.htm

and look for the blurp and link to Vortex. See also the discussions on

http://www.investorshub.com/boards/board.asp?board_id=1341

On the Tax Problem this: Uncle Sam is your legal Partner on earnings. Fair enough, if you approve of the mistakes your partner makes without consulting you.

On your losses Uncle Sam is not your Partner! Losing money you have to do all on your own!

:-( or :-) ????