TELESCA, District Judge:
INTRODUCTION
Appellants, Jonathan and Margaret Wolff (the "taxpayers"), appeal from a decision of the United States Tax Court, Honorable Steven J. Swift, determining taxpayers' joint income tax liabilities for the years 1979, 1980, and 1981. In a reviewed opinion, fourteen of the fifteen Tax Court judges agreed that certain losses which resulted from the cancellation of forward contracts by Holly Trading Associates ("Holly...
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