RE:dipsIt sounds good .but I got a stupid question...please take it easy on me ...I'm a novice..as such I've been holding ..just not sure of the tax implications when I sell off at a profit of $975000 then buy back again at a lower price to make a few bucks. I understand tax loss selling and buy back after so many days ... but does the same hold true when you're selling at a profit and then buy back to make a few bucks?