Wednesday, November 04, 2009 1:51:47 PM
I'm not up on rumors here, but one must never under estimate the powers of rumors and press releases.
in spite of all the charts, graphs and other tools, PEOPLE buy on their emotions more than other factors.
If they believe in a profit, they'll go for it.
But I expect that as we approach the end of this quarter (end of 2009), many stocks will be increasing for a number of reasons.
mostly tax related reasons.
I for one, know I'll be owning capital gains taxes on all my profits this year off the many stocks I've traded.
So by buying this stock, I win both ways.
Either this stock towers and I use the free money from my free shares here to pay off the taxes I'll owe next year, OR, this stock tanks and I write the losses against the taxes I'll owe next year, thereby lowering the overall taxes owed.
Since I'll be paying taxes anyways, I'll attempt to profit from the money I know I'll owe in taxes rather than just sit and wait to hand it over.
LOL!
(Wink-Wink)
so as you can see, there are more than one reason why I'm here!
ROFLMAO!
in spite of all the charts, graphs and other tools, PEOPLE buy on their emotions more than other factors.
If they believe in a profit, they'll go for it.
But I expect that as we approach the end of this quarter (end of 2009), many stocks will be increasing for a number of reasons.
mostly tax related reasons.
I for one, know I'll be owning capital gains taxes on all my profits this year off the many stocks I've traded.
So by buying this stock, I win both ways.
Either this stock towers and I use the free money from my free shares here to pay off the taxes I'll owe next year, OR, this stock tanks and I write the losses against the taxes I'll owe next year, thereby lowering the overall taxes owed.
Since I'll be paying taxes anyways, I'll attempt to profit from the money I know I'll owe in taxes rather than just sit and wait to hand it over.
LOL!
(Wink-Wink)
so as you can see, there are more than one reason why I'm here!
ROFLMAO!
Maintaining TRUTHS requires 'little to no effort' than Maintaining LIES.
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