Should we have a “drop” pool on how far will the market go down, down, down on Monday? Might as well have some fun. : (
I’m assuming this also includes the capital gains tax correct (which will have direct impact on the Market)?
No doubt. The capital gain tax will go back to 30% as it is now 15%. I believe that he will push it to 40% if not more.
Liberals tax people and spend their money, that is their only economic principle "Tax and Spend". Tax the producers and waste the money on the non producers and the parasites.
Sure, Chgogal. I’ll take 7200.
Oh wait, make that 7065. A drop of 300.
I didn’t realize it tanked so much last week. Luckily, all our money is OUT of the market as of about 11000. I only really watch the price of silver and gold these days.
Should we have a “drop” pool on how far will the market go down, down, down on Monday? Might as well have some fun. : (
I’m assuming this also includes the capital gains tax correct (which will have direct impact on the Market)?
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Yeah capital gains go from 15% to 20% ,, at this time that will only penalize a few that have very long term holdings...
I say for the coming week 5% down on the DIA to 7000 even ,, the floor traders will try to keep it from crashing down into the 6’s by only putting through uptick trades in the final minutes of each day..
If Citi or another big bank goes down then it’ll be much uglier.