I don't think they're going to go up until Obama breaks his campaign pledge and agrees to no new taxes. How can stocks go up when he wants to increase taxes on capital gains, increase income taxes, and increase corporate taxes? Why would anyone buy stocks?
This is the first time that I can remember when people are selling losing stocks to write the losses off their 2008 taxes AND selling stocks that are up to pay the capital gains taxes at the 2008 rate. ************************************************* Barack Obama is not My President http://www.cafepress.com/rightwingmike --- On Mon, 11/10/08, Vince Teachout <[EMAIL PROTECTED]> wrote: From: Vince Teachout <[EMAIL PROTECTED]> Subject: Re: [OT] Market continues Obama crash despite Asian and European gains To: "ProFox Email List" <[email protected]> Date: Monday, November 10, 2008, 4:59 PM Michael Madigan wrote: > How low will the Obama crash go? > > Will keep going down as long as bush is still in office. I'd buy on January 19, when stocks will be at their lowest before they begin to go up again. [excessive quoting removed by server] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
