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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%Nov 17 4:00 PM EST

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To: edward miller who wrote (47775)4/23/2000 9:33:00 PM
From: Elroy Jetson  Read Replies (1) of 99985
 
Did you ever consider that tax revenues will probably increase due to the market decline? People with appreciated stock, who otherwise would not have sold, did or will sell to prevent further erosion of their profits.

These gains would far exceed those with losses, limited as they are to $3,000 annual lumps.
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