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Strategies & Market Trends : The Good-The Bad and The Ugly
MAGS 67.15+0.2%4:00 PM EST

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To: Oral Roberts who wrote (4229)11/22/2000 9:53:55 AM
From: Mike E.   of 8686
 
I wonder how much of our budget surplus has been from gains in the market? I wonder if there will be any this year? I know personally I will be able to more then offset any gains and without doubt get my full 3k of loss's against income.

Same here, Jeff. I paid HUGE (relative, of course) capital gains taxes last year but this year I will have carry forwards that will last me a long time at $3k per year...

I suspect they will have to start readjusting those budget surplus guesses back downward very soon.

Mike
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