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PDAH

08/08/02 3:52 PM

#4634 RE: OldAIMGuy #4632

Hi Tom
Fortunately I am not worried about the taxes on trades as I am aiming entirely within tax exempt accounts IRA 401K so for the next 16 years I can trade when ever aim says buy or sell. So the only thing I have to worry about is the commisions
involved with the trading. :)

PDAH

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extelecom

08/10/02 10:06 AM

#4665 RE: OldAIMGuy #4632

Tom, nice example, thanks. FWIW - I believe that the S/T trader could argue that his gross profit would be large enough to overcome the tax difference. In other words your example assumes that the s/t & l/t trading result in the same gross profits.

BWDIK

ET