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Re: pantera post# 23372

Wednesday, 01/24/2007 2:28:11 PM

Wednesday, January 24, 2007 2:28:11 PM

Post# of 77456
If we are going into a recession, what sectors are most vulnerable to dropping? What are some of the better ways to protect a diversified portfolio?

Selling (for me) is not a very attractive option due to average LT capital gains greater than 200%.
$10 originally now $50. Sell, pay (15%fed+5%state) taxes on $40=$8.
A recession cuts 10% off the market or I lose 16% to taxes, damned if I hold, damned if I sell.

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