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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Steve Lee who wrote (17644)1/2/2002 12:40:51 PM
From: sylvester80  Read Replies (3) of 99280
 
And just wait till April 15th, when the US Government comes to the realization that the deficit will be much much bigger than they thought. IMO, the 2000 taxes collected were very high as people cashed in their stocks and had cap gains. However 2001 taxes will be incredibly low, not only because of the stock losses but also because of the dismal economy.

So expect to see the deficit balloon beyond anyone's imagination. Which means high long term and ST interest rates. My prediction for 2002 on the NAZ low? 1100-1200.
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