Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: waverider who wrote (19114)	9/18/2002 12:06:31 PM
From: kirby49	Read Replies (1) of 36161

Frankly, all I see capital gains taxes as now are indications of my success in trading. Quite a change from three years ago. This is no different from how I have seen things since the 70's. Just trying to improve the rules. Never held QCOM or NT or .... So 8.Incorrect thinking about taxes can be dangerous to your financial health? Needs work, not specific enough. Number 2 as well needs changing or expanding. Compounding interest can be explained on an XY chart with axis in lower left as we have become accustomed to seeing on the internet. Too 2 dimensional. Axis needs to be dead centre sometimes. Must think more of the seven functions of a dollar with three being negative and three positive. It helps to know that after a 50% reduction in price, a 100% increase is needed from there to get back to even. The corollary of the Rule of Seven is well used to explain it but always expressed as a positive, i.e. at 10% compounding the value of $1 will roughly double in seven years. Regards Bob Bob

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