Hey Jimbo thanks for clarfying. I am not sure what the term is but that sounds about right. I had the option to use these losses in 2011 and 2012 and deferred to use them until 2013 and most will be this year (big salary bump, commissions and well there's PTK :) )

I am not sure what the average age of investors is on here but I am always speaking for situations prior to 65 and/or retirement. There are surely lots of tricks that can be done that open up at that stage.