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Politics : Formerly About Applied Materials
AMAT 252.25+0.9%Nov 28 9:30 AM EST

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To: Tito L. Nisperos Jr. who wrote (9276)10/23/1997 6:50:00 PM
From: Big Bucks  Read Replies (1) of 70976
 
Tito,
I guess I have a different "skew" on your scenario. I think savvy
investors are/have taken their profits and will pay taxes on the
gains to the benefit of the government and a surplus in the treasury
for next year. These profits will make for a great Xmas as they now
have extra disposable income, and more money to drive the stock markets to new highs next year as they pick up the bargains that are
being created right now in the December/January time frame.

If the deficit goes down (treasury goes up) due to extra revenues from taxes then the democrats can take the credit and cash in on the
good economic news, even though the Republicans are the majority and
equally responsible for the good economic times.

Just my opinion.
BB
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