RE: RE: RE: Who is the nitwit with the 100K orderIt appears I was wrong on this. This issue, of course, is not which exchange a stock is sold on but where one pays taxes. So the references I have seen to Dec 26 being the last day to sell US stocks applies to Canadian residents. It seems that, in the US, it is not the settlement date but the trade date that is important. So, it is possible that the guy selling via TD is a US resident and therefore it would qualify as a loss in 2008. It's a big gamble, IMO, since he/she will not be able to buy back in until late January (the "wash" rule), when the pps may be much higher.
Or, at least, we hope it's higher!
Piper