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Strategies & Market Trends : Sharck Soup
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To: besttrader who wrote (34805)9/10/2001 1:38:41 PM
From: American Spirit  Read Replies (1) of 37746
 
This is what you can expect in the very near future from DC:

1. cap gains tax both parties
2. some pull back by bush on estate taxes
3. rebates on fica
4. increase education spending
5. increased military spending
6. Prescription drug plan
7. 1/2 - 3/4 point cut from fed
8. tax rebate checks spent
9. more consolidation deals

Which means rallies off successful re-test(s) of April lows
basuically putting us in slightly lower trading range than last month which we are now at or close to the bottom of.
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