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originunknown

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Re: MAKIN CASH post# 142

Wednesday, 11/01/2006 9:34:22 PM

Wednesday, November 01, 2006 9:34:22 PM

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Income Trust units were down about $25B on paper or 12-15%.

I believe that for those who did not panic and sell the haircut will not be as bad short term, as UNs will bounce back once people realize they can still be a viable investment.

I also believe that there is a provision in yesterday's announcement that will give some tax relief to seniors compared to other investors. In any case that legislation is not yet passed and may never in fact.
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