Alert : Major market action likely January 4

[RiceRocket]

Quote from kjreddy:




CAPITALISM = uninterrupted transfer of wealth from the masses to the elite.

You had to slip this little comment in why? You pretty much disqualified yourself as a person of intelligence.

Capitalism in its pure form cannot transfer wealth. It's an Oligarchy that transfers wealth through the government mechanism. You should do a little reading before you fall for the communist propaganda that you are now spewing.

 

[Petsamo]

Quote from RiceRocket:

You had to slip this little comment in why? You pretty much disqualified yourself as a person of intelligence.

Capitalism in its pure form cannot transfer wealth. It's an Oligarchy that transfers wealth through the government mechanism. You should do a little reading before you fall for the communist propaganda that you are now spewing.

Way to go RiceRocket!

 

[kjreddy]

To ,
RiceRocket


Do you work for GS/JPMC ?

 

[Trvlwanderer]

Quote from kjreddy:



CAPITALISM = uninterrupted transfer of wealth from the masses to the elite.

Let me guess, another middle income white kid living with guilt and wearing a red star on a hat. Go fidel, go fidel, LOL!!!

You flakes make me laugh.

 

[AMT4SWA]

NO....he has a "We Are Change" T-shirt on! :eek:

 

[limitupmike2]

um are you serious.. no crap.. everyone knows that with the anemic volume over the past two holiday weeks.. that january 4th is sure to be a nice day one way or the other.. duh!!!!!!!!

 

[Mercor]

no selling......no one knows what capital gain taxes are.
Health care has a 5% Capital gain tax retro to Jan 1
Estate taxes and top bracket taxes are expiring.

Its a mess.

Safest thing would to have sold all holdings Dec 09

 

[SethArb]

all I see is green ( not everything but close to it )

www.movieposter.com/posters/archive/main/34/MPW-17447

 

[Passive Pete]

Quote from kjreddy:

[/B]CAPITALISM = uninterrupted transfer of wealth from the masses to the elite. [/B]

This must be Obama signed in with a fake name.

 

[Petsamo]

Quote from Mercor:

no selling......no one knows what capital gain taxes are.
Health care has a 5% Capital gain tax retro to Jan 1
Estate taxes and top bracket taxes are expiring.

Its a mess.

Safest thing would to have sold all holdings Dec 09

If it's within an IRA, you can sell with no worries on capital gains taxes. So, sell the holdings on your IRA.