Replies to post #200145 on Zeev's Turnips Patch-No Politics (ZEEV)

[oimatey]

Hi Zeev,

I'm somewhat of a newbie daytrader doing his taxes and had a question. Does the wash sale rule apply at all to day trades?
Any other tax tips you might have that relate to gains/losses and the Schedule D would be cherished.
THanks in advance
Tim

[Rich1]

So a breach of $53 intraday is not of concern??

[anon.10]

zeev, i too have sndk long. heard there was a big short position on this too. For what it's worth Worden Brothers TC2000 charting and downloading software, has picked LEXR and SNDK for shorting big time.

teleconference today and split. markets down. zeev, thought should hold 53 but dont know. what you think. lt