Jeesh, there is a strange side effect to my strategy of progressively disinvesting during the crash, then progressively reinvesting during the recovery. I now carry an astronomical amount of both capital losses and gains this year (losses, since the year started late in my disinvestment phase and excludes last year realized gains).
So I guess to avoid the $2000 quirk in the tax loss carryover rule, I have to go ahead and sell everything this year all over again to realize the gains, then reinvest again?!? Otherwise it would take more than my lifetime to harvest those annual $2000 capital loss allowances. Pardon me if I have this scrambled, but the fed has cut me off from it's paper forms distribution as a perverse reward for e- filing.
Well, I am otherwise happy wth the strategy. By the worst of the dip, I had already disinvested and didn't have to worry about how low or long the problem would last. And I didn't tarry at all in reinvesting, so ended up with the same amount at the end, yet had more at the scary low point where it mattered the most.