Re: [CANSLIM] Deduction Subject to 2% Limit

From: Hong Hsu <honghsu@bellatlantic.net>
Subject: Re: [CANSLIM] Deduction Subject to 2% Limit
Date: Wed, 23 Jul 2003 11:44:04 -0400

Next Article (by Date): Re: [CANSLIM] Deduction Subject to 2% Limit "Pritish Shah"
Previous Article (by Date): [CANSLIM] "David Taggart"
Next in Thread: Re: [CANSLIM] Deduction Subject to 2% Limit "Pritish Shah"
Articles sorted by: [Date] [Author] [Subject]

Does anyone here uses Schedule C to tax return 1040 while using CANSLIM=20
approach?

I am confused by Special Rules for Traders in Securities. On page 68 of=20
Publication 550, it said: =93You must seek to profit from daily market=20
movements in the prices of securities and not from dividends, interest,=20
or capital appreciation.=94

What does exactly daily market movements refer to in here? What is=20
capital appreciation refers to here exactly? If stocks average holding=20
period is 12 days. Does it qualify for profit of daily market movements=20
or capital appreciation?

Your thought? Thanks in advanced,
- -Hong




- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.

Go to Jeff Salisbury LWGate Home Page.