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Non-Tech : Kirk's Market Thoughts
COHR 178.34-10.2%Dec 12 9:30 AM EST

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Kirk ©
longz
To: Kirk © who wrote (21197)11/3/2024 6:29:00 PM
From: robert b furman2 Recommendations  Read Replies (3) of 26769
 
Hi Kirk,

I really hate to type this, but raising cash to pay taxes on this great long lived bull market is a very conservative and possibly a plan that will keep 5 to 20 percent MORE of your profits, if delayed into 2025. He has the trading machine to get it done and no one of us would know it.

I can remember when Clinton bumped the tax rate on capital gains by 5% retroactively after his win in 2000.

Tell me Kamala wouldn't do the same if the red wave loses the House. ERRG.
I was surprised to see XOM go down on Friday's close while CVX and WTI went up on Friday's close>

Big seller sensing the same thing??

Could be a lot of options hedging going on this next week also.

Bob
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