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Pastimes : The Big Tex House of Coin -- Ignore unavailable to you. Want to Upgrade?

To: Jeff who wrote (17698)	3/24/2001 10:56:09 PM
From: Wayne Rumball	Read Replies (1) \| Respond to of 19297

Are you drunk? That makes no sense

To: Jeff who wrote (17698)	3/24/2001 11:03:12 PM
From: Jeff	Respond to of 19297

btw......i only posted the opposite view from hahn because i went against hahn in january and was glad i did..... i made alot of money by still thinking long right up to the fed meeting... then after the fed meeting the likely turn down will happen...and it did......hahn was two weeks off... so if hahn is right this time......i have my upper support lines ready to watch for weakness... 2025 area.....2285...2574...... so i have both sides covered..... if the market runs up this week.....i think it tanks in early april up to the 15th..... if the market tanks this week early.....hahn will be right.....and i'll play long up to those resistance area's in which one of them will hold and be a great short from... just gotta see how it plays out.....

To: Jeff who wrote (17698)	3/24/2001 11:41:31 PM
From: JamesB	Respond to of 19297

You might want to check you facts on capital gains, and I'm sure you have Wayne confused with someone else. ****************** The capital gains tax is different from almost all other forms of federal taxation in that it is a voluntary tax. Since the tax is paid only when an asset is sold, taxpayers can legally avoid payment by holding on to their assets--a phenomenon known as the "lock-in effect." Today there is an estimated $7.5 trillion in unrealized capital gains that have not been taxed. Over the past 40 years the appreciation of capital assets has outpaced realized capital gains 40-fold. That suggests that a capital gains tax reduction has the potential of "unlocking" hundreds of billions of dollars of stored up wealth.(11)

To: Jeff who wrote (17698)	3/25/2001 9:34:50 AM
From: Robert B.	Read Replies (1) \| Respond to of 19297

I agree with your post, but it's not just the folks who didn't tax sell in December who are in trouble. I highly doubt investors sold stocks at their highs in March/April last year and put all of the money back in the market. I guarantee there are many who sold, bought a boat/bigger house/paid off their mortgage/new car/etc. They put some money back in the market, or maybe put it back in during the summer crash thinking that was the bottom. Now, even if these people tax sell, they still have taxes to pay on the capital gains they spent. And if they reinvested in techs, they lost most of their money. The only way to pay taxes for these people will be to sell the remaining stocks they have or use their savings (or start selling the items they bought last year and refinancing). Disclaimer: I could spend more time on my post. I'm sure I can make it clearer to all if I wanted to. But this is a chat room, and the "TO" at the top of the post shows that this post is intended for Jeff. I am not going to spend any time making sure my post is clear to every SI member, as I know Jeff will understand what I have written and he obviously is the intended recipient of this post.

To: Jeff who wrote (17698)	3/25/2001 11:01:22 AM
From: Wayne Rumball	Respond to of 19297

OK I see how that post would make some sense if, for some reason, you tried to avoid the wash rule by electing to pay tax based on the value of your portfolio at year end. But once you've done that you can never go back. And that would be the trap that I suppose you are talking about. Most sane people wouldn't elect to set themselves into a trap. Would save a lot of money on tax accounting though.

To: Jeff who wrote (17698)	3/25/2001 11:10:16 AM
From: Spark	Read Replies (4) \| Respond to of 19297

An oldie but a goodie...you used this one to lighten things up a little back then..what a classic!..LOL Different kinds of poopies Ghost Poopie- The kind where you feel the poopie come out, but there is no poopie in the toilet. Clean Poopie- The kind where you poopie it out, see it in the toilet, but there is nothing on the toilet paper. Wet Poopie- The kind where you wipe your butt 50 times and still feels unwipped, so you have to put some toilet paper between your butt and your underwear, so you won't ruin them with a stain. Second Wave Poopie- This happens when you're done poopieing and you've pulled your pants up to your knees and you realize that you have to poopie some more. Pop-A-Vein-In-Your-Forehead-Poopie- The kind were you strain so much to get it out, you practically have a stroke. Lincoln Log Poopie- The kind of poopie that is so huge, your afraid to flush without first breaking it into little pieces with the toilet brush. Gassy Poopie- It's so noisy, everyone within earshot is giggling. Corn Poopie- Self explanatory. Gee-I-Wish-I-Could-Poopie-Poopie- The kind where you want to poopie, but all you do is sit on the toilet & fart a few times. Spinal Tap Poopie- That's where it hurts so badly coming out, you'd swear it was leaving sideways. Wet Cheeks Poopie- (The power dump) The kind that comes out of your butt so fast, your cheeks get splashed with water. Liquid Poopie- The kind where yellowish brown liquid shoots out of your butt and splashes all over the toilet bowl. Mexican Poopie- It smells so bad your nose burns. Upper Class Poopie- The kind of poopie that doesn't smell. The Surprise Poopie- You are not even at the toilet because you are sure your about to fart, but OOPS!- a poopie! The Dangling Poopie- This poopie refuses to drop into the toilet even though you know you are done poopieing. You just pray that a shake or two will cut it loose.