I don't think they're going to go up until Obama breaks his campaign pledge and agrees to no new taxes. How can stocks go up when he wants to increase taxes on capital gains, increase income taxes, and increase corporate taxes? Why would anyone buy stocks?

This is the first time that I can remember when people are selling losing stocks to write the losses off their 2008 taxes AND selling stocks that are up to pay the capital gains taxes at the 2008 rate.

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Barack Obama is not My President

http://www.cafepress.com/rightwingmike

--- On Mon, 11/10/08, Vince Teachout <teachv@taconic.net> wrote:

From: Vince Teachout <teachv@taconic.net>

Subject: Re: [OT] Market continues Obama crash despite Asian and European gains

To: "ProFox Email List" <profox@leafe.com>

Date: Monday, November 10, 2008, 4:59 PM

Michael Madigan wrote:

> How low will the Obama crash go?

>

>

Will keep going down as long as bush is still in office. I'd buy on

January 19, when stocks will be at their lowest before they begin to go

up again.

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