Yep, I agree. I guess you can undo a recharactorization if your stock ends up going backward. BTW, I should have acknowledeged your previous post (sorry about that). Lots of variables but lots of optimization possibilities one might not have considered. I surley hadn't and was surprised when I learned I could pile on to my Roth IRA (pleaseantly surprised). Disclaimer= check with your expert for your particular situation. Many variables, as each of us said, (trying not to repeat myself) I think we both said check with your expert as well. (might be worth checking into) Cheers BT