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Post# of 704041
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Zeev Hed

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Zeev Hed

Re: jbennett53 post# 17053

Monday, 08/19/2002 6:50:19 PM

Monday, August 19, 2002 6:50:19 PM

Post# of 704041
Why should there be an additional tax on short term trading, it is already taxed as regular income? Short term trading is what provides liquidity in the markets, for that they should get a bonus, not a penalty. Shport term trading does not causes price fluctuations, most good short term traders lean against the wind, namely sell when everyone is buying with abandon, and buy when everyone is selling in despair.

Zeev

AZH

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