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Re: Tenchu post# 77178

Sunday, 03/08/2009 1:00:15 AM

Sunday, March 08, 2009 1:00:15 AM

Post# of 152243
>> - Increases in capital gains taxes, which will encourage more investor to move their capital out of stocks and equities.
<<

You have to be kidding. With $11 trillion lost in stocks, about $10 trillion lost in house prices, and even more in commercial real-estate, very few people will be paying capital gains tax in the next few of years.

Yes I know. mmoy will be, because he bought gold at $250.

Aside from that, all of the movement in stock prices is caused by programmed day-trading. There is no long capital gains involved.

Re AMD, we don't know how that will turn out. AMD/Foundry will probably lose over $2B this year. They might change their plan for expansion.
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