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Day Traders On-line Makes Information About TAX LOSS SELLING Available to General Public Free of Charge or Obligation.


MONTEREY Monterey (mŏntərā`), city (1990 pop. 31,954), Monterey co., W Calif., a port on Monterey Bay; founded 1770, inc. 1850. It is a popular resort, the home of many artists and writers, and one of California's oldest cities. , Calif.--(BUSINESS WIRE)--Oct. 28, 1998--Day Traders Traders

Individuals who take positions in securities and their derivatives with the objective of making profits. Traders can make markets by trading the flow. When they do this, their objective is to earn the bid/ask spread.
 On-line (http://www.daytraders.com), one of the largest trading sites on the web, announced today that it is making a recent edition of its popular morning stock market report, which includes information on how "tax loss selling" can work for you, available to the public free of charge.

In a recent edition of their morning stock market report (dated 10/23/98), the company provided helpful information to its members and trial members on how tax loss selling strategies may help save you money. Day Traders Day Trader

A stock trader who holds positions for a very short time (from minutes to hours) and makes numerous trades each day. Most trades are entered and closed out within the same day.

Notes:
This is a highly speculative practice.
 On-line is now pleased to make this report and information available directly to the public free of charge. The information, which was prepared by a CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000.  firm, is available to those interested in learning how tax loss selling can potentially benefit their portfolio and taxes. Senior Market Editor, Ray Johns, was quoted as saying, "We are pleased to make this information available to anyone wishing to know more about how tax loss selling works. With the market off recent highs and the year end approaching, it certainly warrants a look. This strategy can potentially offset taxes against current and/or future gains in the market, not to mention ordinary income."

The information about tax loss selling from Day Traders On-line is available directly and free of obligation (no registration of any kind is required) by sending an e-mail request to the following auto reply address:

tax_info@daytraders.com

An automated au·to·mate  
v. au·to·mat·ed, au·to·mat·ing, au·to·mates

v.tr.
1. To convert to automatic operation: automate a factory.

2.
 reply and copy of the October 23rd report will be sent as soon as your e-mail is received.

Day Traders On-line provides a number of stock related services, both free and subscription based via their website at http://www.daytraders.com, to short term investors and day traders. This is in addition to their popular morning newsletter which is distributed each morning before the market open to members via e-mail. The site also maintains a real time Trading Desk Trading Desk

A desk where transactions for buying and selling securities occur. Trading desks can be found in most organizations (banks, finance companies, etc.) involved in trading investment instruments such as equities, fixed-income securities, futures, commodities and foreign
 for professional traders seeking fractional fractional

size expressed as a relative part of a unit.


fractional catabolic rate
the percentage of an available pool of body component, e.g. protein, iron, which is replaced, transferred or lost per unit of time.
 gains on intraday Intraday

Another way of saying "within the day."

Notes:
This term is often used for the new highs and lows of a security. For example, "a new intraday high" means a security reached a new all-time high throughout the trading day, but then fell by closing.
 moves.
     The service routinely follows such popular stocks as:

Compaq Computer Corp (NYSE:CPQ)
Teradyne, Inc. (NYSE:TER)
Sunbeam Corp (NYSE:SOC)
Callaway Golf (NYSE:ELY)
Dell Computer (Nasdaq:DELL)
Intel (Nasdaq:INTC)
Microsoft (Nasdaq:MSFT)
Worldcom Inc. (Nasdaq:WCOM)
Yahoo (Nasdaq:YHOO)
3COM Corp (Nasdaq:COMS)
Bristol-Myers (NYSE:BMY)
Dallas Semiconductor (NYSE:DS)
Gateway (NYSE:GTW)
Brylane (NYSE:BYL)
Home Depot (NYSE:HD)
HBO & Company (Nasdaq:HBOC)
Amazon.com (Nasdaq:AMZN)
Cisco Systems (Nasdaq:CSCO)
IBM (NYSE:IBM)
Pfizer (NYSE:PFE)
Schering-Plough (NYSE:SGP)
Lucent Technologies (NYSE:LU)
Time Warner (NYSE:TWX)
Boeing (NYSE:BA)
Harley Davidson (NYSE:HDI)
Quantum Corp (Nasdaq:QNTM)
3M (NYSE:MMM)
Gillette (NYSE:G)
Wal-Mart Stores, Inc. (NYSE:WMT)
America Online (NYSE:AOL)
Motorola, Inc. (NYSE:MOT)
General Electric Company (NYSE:GE)
Tellabs, Inc. (Nasdaq:TLAB)
US Airways Group Inc. (NYSE:U)
AMR Corporation (NYSE:AMR)
Telephone (NYSE:T)
Delta Airlines (NYSE:DAL)
UAL Corp (NYSE:UAL)


Day Traders On-line provides market commentary and concentrates on short term trading and investing in both stocks and options. Employing fundamental as well as technical analysis across a proprietary screening system of stocks, mixed with over 30 years of trading and investing experience in the markets, Day Traders On-line and their staff have proven that they can provide their members with a nightly night·ly  
adj.
1. Of or occurring during the night; nocturnal: the cat's nightly prowl.

2. Happening or done every night: the physician's nightly rounds.
 report and intraday alerts that yield exceptional results while reducing risk to reward ratio when buying and day trading Day trading

Establishing and liquidating the same position or positions within one day's trading.
 stocks.

For further information about Day Traders On-line or to take advantage of their no risk, two week free trial offer of both their short term investment newsletter and real time Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
 based trading site, please visit them on the Internet at their web site located at: http://www.daytraders.com or send e-mail to: info@daytraders.com.
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 28, 1998
Words:626
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