No one knows for sure what the future tax on capital gains might be; because, the executive branch of government does not have absolute power. President elect Obama will need to work with congress and the American people, both Republican and Democrat, before a final tax law will be signed into law, and I'm locking forward to a healthy debate on the tax issue.
Regards, LelandJ Michael Madigan wrote: > How can the market recover when Omonkey is going to raise taxes on capital > gains? > > ************************************************* > Barack Obama is not My President > > http://www.cafepress.com/rightwingmike > > > --- On Thu, 11/6/08, Leland F. Jackson, CPA <[EMAIL PROTECTED]> wrote: > > >> From: Leland F. Jackson, CPA <[EMAIL PROTECTED]> >> Subject: Re: [OT]Stock market not impressed with Obama >> To: "ProFox Email List" <profox@leafe.com> >> Date: Thursday, November 6, 2008, 1:53 PM >> Nicholas Geti wrote: >> >>> ----- Original Message ----- >>> From: "Garrett Fitzgerald" >>> >> <[EMAIL PROTECTED]> >> >>> To: "ProFox Email List" >>> >> <profox@leafe.com> >> >>> Sent: Thursday, November 06, 2008 9:48 AM >>> Subject: RE: [OT]Stock market not impressed with Obama >>> >>> >>> >>> >>>>>>> News flash, Nick: Bush is president >>>>>>> >> for the next two months. >> >>>>>>> >>>>>>> >>>>>> The analysis I saw said that the Dow fell >>>>>> >> because the >> >>>>>> indicators for retail >>>>>> holiday sales were lower than expected. >>>>>> >>>>>> >>>>> Yeah, it had nothing to do with a candidate >>>>> >> being elected who wants to >> >>>>> rob from the productive to give to the >>>>> >> non-productive. >> >>>>> >>>>> >>>> Good God, Madigan, how stupid are you? >>>> >>>> THE HOLIDAY SALES TAKE PLACE BEFORE OBAMA IS IN >>>> >> OFFICE! >> >>>> IF YOUR SCENARIO HAD ANY BASIS IN REALITY, PEOPLE >>>> >> WOULD BE SPENDING >> >>>> MONEY NOW BECAUSE THEY WON'T HAVE IT LATER! >>>> >>>> DIG THE CRAP OUT OF YOUR BRAIN, WILL YOU???????? >>>> >>>> >>>> >>>> >>> Garrett, >>> Well, how stupid are you? Anyone who watches the stock >>> >> market at all knows >> >>> that it anticipates the future economic picture by six >>> >> months. Analysts are >> >>> already speculating about the Obama effects and making >>> >> their trades. It is >> >>> obvious you know nothing about how our economy works. >>> >>> >>> >> The stock market will begin to recover from the recent >> downturn six >> months, or more, in anticipation of the economy actually >> beginning to >> show positive signs of growth. Right now, we seem to be in >> an overall >> bear market with some large up tics along the way. It seem >> to me that >> currently would be a good time to invest in the stock >> market, as some >> very good stock are way down for no real reason other than >> psychological >> fear. Hopefully we will reach the bottom of the bear >> market in this >> last quarter of 2008, or early in the first quarter of >> 2009. In the >> middle to late summer of 2009, the economy should be >> showing sign of >> recovering, including the housing mess. There is a ton of >> money sitting >> on the side line right now, as everyone has been running >> for cover, but >> these fund should begin finding their way back into >> equities soon enough. >> >> No one know exactly when the market will bottom, but if you >> wait until >> that is know from hindsight, you may miss out on some of >> the rebound. >> Once the stock market begins its rebound, I expect a bull >> market growth >> pattern over a longer term period than the crash, back up >> to the 14,000 >> and beyond. >> >> Regards, >> >> LelandJ >> >> >> >>> [excessive quoting removed by server] _______________________________________________ Post Messages to: ProFox@leafe.com 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.
