Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Boplicity who wrote (25688)	12/18/2000 10:58:01 AM
From: Voltaire	Read Replies (4) \| Respond to of 65232

EXPECT THE LOW ON THE NAZ FOR THE NEXT 6 MONTHS TO OCCUR BETWEEN 12:00 and 1:00 PM THIS AFTERNOON. 1. If Fed goes only to neutral there will be an immediate reaction to sell but we will rally back and move slowly upward. 2. If the Fed cuts by .25 we fly tomorrow and don't look back. So this afternoon, look for strength after the above times. ANYONE TELLING YOU TO BUY GOLD DOES NOT UNDERSTAND HOUSES AND MARKET PSYCHOLOGY. Dealer and I sold at open this morning and will buy back sometime in noon hour. Voltaire

To: Boplicity who wrote (25688)	12/18/2000 2:00:11 PM
From: jjkirk	Respond to of 65232

Howdy Greg...(Got to learn to say "Howdy" to eb'body now.) Regarding the tax cut, I say bring it on. It will obviously not pass in its present form, but it will stimulate the economy when it comes. I don't have much faith in the Fed's ability to steer the economy anyway. Regarding: "cut the capital gain tax, and death tax", the death tax elimination bill which Clinton did not sign would also eliminate the step-up in basis of assets passed to heirs, since these assets would not be subject to passing through an estate tax wicket. The ultimate effect would be an INCREASE in capgains taxes. For example, capgains would be due when a widow sold her home after her husband died, etc., unless the property was held as community property. That was a poison pill in the bill on the hill. I would rather see Bush push for an across-the-board reduction in the tax tables rather than targeting any specific areas, such as the estate tax. We could accelerate the increase of the exemption amount above the $1 mil now planned...but I think he should not incur the unnecessary baggage of eliminating the estate tax at this time.........JMHO........jj