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My apologies. It does seem that SSF is all short term. See
http://www.greencompany.com/EducationCenter/GTTRecSecFutures.shtml . I did
not research the topic (bad move) and just trusted what I heard.
In that case, using stocks is a better option if you are not margined. If
using margin, a case can still be made for using SSF.
Thanks.
----- Original Message -----
From: "George E Eberhardt" <geberhardt@xxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Wednesday, February 25, 2004 9:31 PM
Subject: Re: investing-trading
> ----- Original Message -----
> From: "Abhijit Dey" <omegalist@xxxxxxxxxx>
>
>
> > It seems the person wants to "invest-trade". Stocks which are
"generally"
> > held for > 1 year hardly qualifies as "trading", IMHO. So, using stocks
> > would mean 100% short term cap gains tax. Use SSF and flip them after 5
> > minutes and profits are 60% LT & 40% ST (or is it the other way around).
> > Doesn't get any better than that.
> >
>
> I thought that the 60/40 rule did not apply to Single Stock Futures. Did
I
> get it wrong again?
>
>
> George Eberhardt
> (732)224-8988
>
>
>
>
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