We converted an IRA of $400k in dec.2010 into two accounts. One account is down 6%. If we recharacterize this account before 10/17, is it best to reconvert as soon as possible, or wait until january 2012 so we have until 10/13 to assess? Assuming that tax rates are the same in 2011 and 20012, is this basically a stock market timing issue? Thanks.