How 'bout a mini-panic into the new year
Started by
VolPivots
, Nov 12 2009 10:40 PM
4 replies to this topic
#1
VolPivots
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Posted 12 November 2009 - 10:40 PM
Looks like a domed house pattern on KIE......
#2
tommyt
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Posted 12 November 2009 - 11:12 PM
this year is so different...normally fall decline, end of year rally. This year, huge rally right thru Sept/Oct and now expectations into year end. IF a decline were to materialize, it could be interesting if participants HAD to sell to lock in the good gains for the year, which rarely is the case.
#3
Data
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Posted 13 November 2009 - 12:01 AM
Reid is now talking about enacting Medicare taxes applicable to capital gains by the end of the year. Health insurance companies are trying to scrap the tax on employer-provided plans. The Democrats are scrambling to tax everyone but the poor who'll benefit from the free insurance.
#4
VolPivots
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Posted 13 November 2009 - 12:31 AM
Would require some sort of catalyst to see that type of decline......only thing I could come up with is something to do with bond insurers Ambac and/or MBIA possible bankruptcies, though it doesn't seem like it's imminent.Reid is now talking about enacting Medicare taxes applicable to capital gains by the end of the year. Health insurance companies are trying to scrap the tax on employer-provided plans. The Democrats are scrambling to tax everyone but the poor who'll benefit from the free insurance.
#5
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Posted 13 November 2009 - 08:34 AM
The banks are being required to raise 45 billion dollars for the FDIC fees.
