News Links and Chart Links Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : News Links and Chart Links

SPXL 227.57

+0.7%

Dec 11 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: playavermont who wrote (9079)	11/9/2003 7:35:02 PM
From: Les H	Read Replies (1) of 29602

Article is dated October so that the interview was likely given in August. Also could be that they try to prop the market till January to delay capital gains recognition for taxes. Taxes are going up after 2004 by hook (on the vote of politicians) or by crook (via sunset provisions). He may also be looking for a Q4 2003 low based on the time being 9-months from the March low. Corrections are usually mild until 12-18 months after the four-year low (October 2002), possibly Q1 2004. Volatility bound to be higher next year since the Dow has made 3000-4000 point round trips in the three to six months preceding the last several elections.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next