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Strategies & Market Trends : Classic TA Workplace

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To: Eva who wrote (50885)8/21/2002 1:42:09 PM
From: AllansAlias  Read Replies (4) of 209892
 
Time again to remind all credit bubble bears that the vested interests will do all they can to prop up the equity markets. If you can think of it, no matter how outrageous, they are considering it.

Now there is talk of giving a tax break to folks with losing positions, something along the lines of those with capital losses can be written off at up to $20,000 a year vs the current $3,000

They have bailed out countries, banks, and hedge funds, now they turn their bubble mechanics to the middle and upper middle class.

Risk? What risk.
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