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Politics : THE WHITE HOUSE
SPY 685.66+0.2%Dec 5 4:00 PM EST
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To: GROUND ZERO™ who wrote (23995)10/16/2008 3:30:22 PM
From: Cage Rattler  Read Replies (1) of 25737
 
I know what you mean. Some bottom supports here have been breached. I’m beginning to think in terms MB S-Class loss units. Not a good feeling.

Previously I was thinking we would see a serious correction before election day. Assuming an Obama victory with pending socialism shortly thereafter, I planned to sell before year’s end. I don’t think that holding LT gains, beyond 1 January, would be rational. At least not if you consider the pending Capital-Gains tax increases Obama proposes.

Alas it appears I may have held off a bit too long. :^)
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