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Default Run Time Error '1004'

I am getting a run time error '1004' (Application defined or object
defined error) and the debugger seems to be highlighting a relatively
simple piece of the code. Below is the section of code that is causing
a problem.

Do Until (Count = 40)

If Trade.FormulaR1C1 = "" Then
Set Trade = Trade.Offset(2, 0)
Count = Count + 1
Else: Workbooks(file2).Activate
Set tag2 = Range("A1")
Do Until tag2.FormulaR1C1 = foldername
Set tag2 = tag2.Offset(1, 0) <----- This is the problem
Loop
Set YTD2 = tag2.Offset(0, Column)
YTD2.Copy
Monitor.Activate
YTD3.PasteSpecial Paste:=xlPasteValues, Operation:=xlNone,
SkipBlanks _
:=False, Transpose:=False
Application.CutCopyMode = False
Set Trade = Trade.Offset(2, 0)
Set YTD3 = Trade.Offset(1, 2)
Count = Count + 1
End If

Loop

If this is not enough information to get help, I apologize. I've
tested the macro by tweaking the code and it opens the second work book
fine, and will select a range just fine, it seems to be specifically
the "offset" that is causing the problem. I am truly at a loss here,
this seems to be such an innocuous piece of code to be causing a
problem.

Thanks in advance.

 
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