Archive for » January 12th, 2010 «

Capital Gains scenario!


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to the Haiti Earthquake fund.
( warning graphic pictures)

On another note, here’s my conspiracy theory for the week.
The first week of MAR, 2009, the market bottomed–
If you sell a stock before one year is up,
you pay MORE, MUCH MORE taxes on that
as part of your income bracket.
If you hold for one year and one day,
you only pay 17% taxes–
So, everybody that bought stock at the bottom in MAR 2009,
cannot wait for one year and one day to get here soon enough, so they can sell their 400% gainers, and get the 17% tax rate.
That means, lots of SELLING is a possibility,
MAR 8-12.
DOW down 1,000 to 1500, that’s what I mean by lots of selling.

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