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[RT] which way- stock or futures account



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Phil,
	I was thinking about what you told me before regarding the 60%-40% 
short term/long term in futures for taxes regardless of the holding 
period, where as stocks are 100% short term gain if held for less 
than 1 year, and 100 long term if helf for over a year, so, do you 
think it would be smarter to close my small ameritrade account 
($16,000) which I only hold 2 leading stocks in (qcom, itwo) and open 
a futures account and trade either an e-mini SP or an e-mini ND 
everytime a blue bar signal comes along? the way I see it, I won't be 
holding any stocks for over a year, and massachusetts has a 12% 
capital gains tax on short term gains and of course federal depends 
on your income bracket, so it would be around 28% for me, so that = 
40%. What would the difference be? I would be trading the leading 
stocks on blue bar signals anyway if I kept trading stocks with the 
Ameritrade account, so why not just trade a futures index with the 
blue bar, instead of picking a leading stock when the futures index 
gives a blue bar? then I'd be in a 60/40 short term/long term bracket 
regardless of holding period right?... I'd like to know what you 
think about this. Thanks

Matt