Get ready for a huge market sell off

Get ready for a huge market sell off

Posted in the Erie Forum

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soo

Waterford, PA

#1 Nov 11, 2012
With Cap Gains taxes going up next year get ready for a big market sell off until the end of the year at least.

Who cares that this effects millions of pensions and 401ks...at long as those millionares pay more thats fair.

Nice Job America.
new age

Erie, PA

#2 Nov 11, 2012
soo wrote:
With Cap Gains taxes going up next year get ready for a big market sell off until the end of the year at least.
Who cares that this effects millions of pensions and 401ks...at long as those millionares pay more thats fair.
Nice Job America.
Relax. With greed as the motivating force in the us economy it won't take long for the titans of global finance to start making money again. Greed makes them predictable and reliable. The sharks will wait for the bait to trigger an alleged collapse and the monied interests will then do what they do best, buy low. I might even dig up a few of the mason jars buried in the yard and get in the game myself when the panic selling is over.
the Green Goblin

Erie, PA

#3 Nov 11, 2012
soo wrote:
With Cap Gains taxes going up next year get ready for a big market sell off until the end of the year at least.
Who cares that this effects millions of pensions and 401ks...at long as those millionares pay more thats fair.
Nice Job America.
If you're not smart enough to be in the right markets at the right time you should suffer, correct? Isn't that the business line? Proper business is the anti-thesis of mercy or concern for others unless they're family welfare employees (like Rollout's) or unless you figure your kindness can beat them out of their money in the end.
Correct? Heck. I bet there's not one businessman here that would be honest enough to admit this and put his real name to it. Kinda makes my point IMO.
bob o

Hicksville, OH

#4 Nov 11, 2012
A paper stock certificate has more value than a paper us dollar. It makes no sense to covert your equity in a corporation to a piece of us currency
tim leary

United States

#5 Nov 11, 2012
Get ready for a GOP circle jerk pity party!

"Hey, you squirted in my eye"!

GOP - "Awwwwwwwww"!:-)
soo

Waterford, PA

#6 Nov 11, 2012
All those millions of pensions and 401ks dont really makker as long as those evil rich people get it.

This has nothing to do with the busieness cycle. This is the government coming in and taking money out of the market.

Scary that you dont understand that difference.

From NBCNEWS.COM :

"The prospect of higher tax rates in 2013 is driving investors to sell shares as they seek to decrease the tax impact from their positions this year and next."

"There's a technical breakdown in the market that indicates further losses," said Adam Sarhan, chief executive of Sarhan Capital in New York. "A 10 percent drop is the next big line in the sand."

The primary driver of stock prices in coming weeks looks likely to be investor concern about the U.S. fiscal situation.

In a sign of the risks involved, comments by President Barack Obama on Friday about the upcoming negotiations caused stocks to sharply cut their gains.
ninety nine percent

United States

#7 Nov 11, 2012
You'll shut up and do as you're told
soo

Waterford, PA

#8 Nov 11, 2012
Shows how ignorant the electorate is now.
the Green Goblin

Erie, PA

#9 Nov 11, 2012
bob o wrote:
A paper stock certificate has more value than a paper us dollar. It makes no sense to covert your equity in a corporation to a piece of us currency
If when a stock certificate is cashed in it's pay out is in dollars to you, how does that have more value? Both dollars and stock certificates are mere instruments for storing the harvest of our production for the future. But if stock is ever converted to a spendable vehicle, you end up no better off than if you had the equivalent dollars, correct? The varying rate of equivalency is what makes the difference and timing is everything in both the market and sex ;)
the Green Goblin

Erie, PA

#10 Nov 11, 2012
ninety nine percent wrote:
You'll shut up and do as you're told
Cha ching!

:)
the Green Goblin

Erie, PA

#11 Nov 11, 2012
soo wrote:
All those millions of pensions and 401ks dont really makker as long as those evil rich people get it.
This has nothing to do with the busieness cycle. This is the government coming in and taking money out of the market.
Scary that you dont understand that difference.
From NBCNEWS.COM :
"The prospect of higher tax rates in 2013 is driving investors to sell shares as they seek to decrease the tax impact from their positions this year and next."
"There's a technical breakdown in the market that indicates further losses," said Adam Sarhan, chief executive of Sarhan Capital in New York. "A 10 percent drop is the next big line in the sand."
The primary driver of stock prices in coming weeks looks likely to be investor concern about the U.S. fiscal situation.
In a sign of the risks involved, comments by President Barack Obama on Friday about the upcoming negotiations caused stocks to sharply cut their gains.
Not to worry. If someone's losing, someone else is winning.
Bob O

Hicksville, OH

#12 Nov 12, 2012
the Green Goblin wrote:
<quoted text>
If when a stock certificate is cashed in it's pay out is in dollars to you, how does that have more value? Both dollars and stock certificates are mere instruments for storing the harvest of our production for the future. But if stock is ever converted to a spendable vehicle, you end up no better off than if you had the equivalent dollars, correct? The varying rate of equivalency is what makes the difference and timing is everything in both the market and sex ;)
at end of WW1... would you have a suit case full of german currency or suitcase full of Daimler Benz stock ??? there are markets world wide and these markets have different currencies. Are you really that stupid ??? i guess you are since you support obama
the Green Goblin

Erie, PA

#13 Nov 12, 2012
Bob O wrote:
<quoted text> at end of WW1... would you have a suit case full of german currency or suitcase full of Daimler Benz stock ??? there are markets world wide and these markets have different currencies. Are you really that stupid ??? i guess you are since you support obama
If you were on Mars...same example.
Coyote

Erie, PA

#14 Nov 12, 2012
Most of it will likely be the selling of dividend producing stocks to replace them with pure growth ones or other safer and less taxed options.
soo

Waterford, PA

#15 Nov 12, 2012
there will be selling of Dividend stocks which are revenue producing stock that MANY retirees and pensions owners have. Many older Americans depend on these, growth stock will not help these people.

Anyone that has a portfolio that is up should sell and take profits now before the government takes more next year.

Nice job America.
Bob O

Hicksville, OH

#16 Nov 12, 2012
Coyote wrote:
Most of it will likely be the selling of dividend producing stocks to replace them with pure growth ones or other safer and less taxed options.
not likely... where will they inves the proceeds if they need income ? in a .5% bank CD... which will also be taxed ??
The baracktard will also tax cap gains... the scumfolk have voted to bite the hand that feeds them. I am done feeding them... call when you are hungry. I won't answer
Coyote

Erie, PA

#17 Nov 12, 2012
Bob O wrote:
<quoted text>
not likely... where will they inves the proceeds if they need income ? in a .5% bank CD... which will also be taxed ??
The baracktard will also tax cap gains... the scumfolk have voted to bite the hand that feeds them. I am done feeding them... call when you are hungry. I won't answer
I'm not refering to the smaller investors supplimenting income with dividends, their screwed as usual. But the big boys will be offseting gains with losing stocks and shifting away from dividends in order to save on the tax increases. They'll ride it out just fine most likely. Smart ones are probably making some adjustments before creating trust before the year end changes to those take effect.

Far more people making under 250k a year than over, will see their taxes go up if the changes to investment income take place.
Bob O

Hicksville, OH

#18 Nov 12, 2012
Coyote wrote:
<quoted text>
I'm not refering to the smaller investors supplimenting income with dividends, their screwed as usual. But the big boys will be offseting gains with losing stocks and shifting away from dividends in order to save on the tax increases. They'll ride it out just fine most likely. Smart ones are probably making some adjustments before creating trust before the year end changes to those take effect.
Far more people making under 250k a year than over, will see their taxes go up if the changes to investment income take place.
you are correct... but the people who need the income stream are screwed... and apparently most of them voted for their own demise. they deserve it.
soo

Waterford, PA

#19 Nov 12, 2012
Totally agree. This will only hurt the middle class. The big boys will short the market or get out of stocks and put their money on the sideline making a killing when the market shows weakness while while the little guy who needs the income from stocks gets hurt.

Why cant the left see this?

How is this "fair"....
Coyote

Erie, PA

#20 Nov 12, 2012
Bob O wrote:
<quoted text>you are correct... but the people who need the income stream are screwed... and apparently most of them voted for their own demise. they deserve it.
It is hard to say for certain without some statistics as to how many with investments actually voted for Obama.

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