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July has 15 weeks left?

Well, I found some info over here: http://invest-faq.com/cbc/tax-short-sales.html but it's from 1999, so I don't know how updated it is. :(

Thanks, mahram. That sounds reasonable, but does anyone know how the US tax code applies here?

All stock sales/shorts are reported to the IRS. If I have an open short stock position at the end of the year, how do I report the gain/loss since it's not even closed yet? I file regularly (not trader status). Anyone know?

When you're at a prop firm, don't Risk managers exist to prevent traders from being wreckless..... From the stories gather here, it doesn't really seem so that their duties are taken seriously.

So are the puts good to buy??

We do see a bit of that going one. but then there's usually pullback. At least as of late.

Black Monday? Totally wrong call. Try again. You might finally hit one if you swing enough times. In the mean time, why try so hard to flex muscles when you don't got any? :D

Don't waste money on Jurik.

What do you mean? :confused:

I think he's responding to every negative post because he has a fragile ego. He is desperate for validation so that it will boost his self-confidence. Quite a few people behave like that around here. (nitro, etc.)

Trendlines work and don't work. The correct answer is both yes and no