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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Gersh Avery who wrote (21096)7/25/1999 10:43:00 PM
From: James F. Hopkins  Respond to of 99985
 
Thanx Gersh; If I do say anything political it should at least
be on another thread of that sort, but I am against the capital
gains tax cut no matter who proposes it and I won't limit
myself to any thread to say it's BS, and rips off the widow
and orphan funds, and slam dunks those people who don't
understand the market but trusted some advisor to put them in
some fixed income bonds.

There was never any sense or honesty
in making some bonds Tax free if they are going to undo that
small advantage on ( low interest instruments ) this is
a clandestine type betrayal but it's just as real and hurts
just as much as an overt act of stealing, and it's just as
wrong unless they want to buy those bonds at market price before
the announcement. They should be held accountable for the results
of making changes in one tax law that defeats the spirit of one
they put in place earlier.
Jim