When you sell stock for profit you get taxed on it. I sold some Goog shares recently and had many thousands of profit.

I hate income because it causes you to have to pay more taxes, and much of our taxes go to bombing poor villiages in third world countries.

The stock market is sorta like a legalized form of gambling, where if you lose it is tax deductible.

Don't let the deep loss dogs sit in your account. Sell sell sell!

I still had some stocks left from the previous stock bubble, and it feels great selling some CMGI or Lucent right about now, because you can almost be certain it will be another 20 - 30 years at a minimum before they got to the same level as they were back in the bubble days. CMGI will likely never be worth what it once was. Lucent is a bit doubtful itself aswell. At the communications platforms expand much of the value add is layered on top of the underlying systems. Although Lucent has been profitable for a long time there is no reason to hold a 2 dollar stock that you paid around $80 for.

The nice thing with my recent flipping of Google shares is that on the whole I think I am ahead in the stock market, which is impressive considering how bad my timing was on buying the bubble 1.0 stocks hehehe.