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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Guess what there is only one game left in town. Thats the Stock Market, all the other markets RE, Bonds have had their runs while the Stock Market was in ther doldrums from 2000-2006.
If you notice that the finacnial news can be lousy and the Market still goes up. Back in 2004 if you said Boo the Market went down. The psychology has changed and it will be so until the end of 2008. If the Dems get in then there will be a shock, because the expectation will be that they will raise Taxes.
What the Dems DON"T GET is that a 20% Tax Rate on Capital Gains is the incentive needed for Americans to SAVE their money and not blow it on cheap Asian Goods.
I said 14250...and the Market remains volatile which is what makes Mother in Tucson happier than a pig in *****.
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"Some Observer"
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