OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

A one year old rumor-that started on election night last Nov.=there will be a tax cut/reform

Posted by Richard640 @ 11:02 on November 16, 2017  

If they pass a bill today it will help large corps but not much help for small biz–the middle class tax milch cow will get nothing-maybe even pay more-cause they’re taking away mortgage deductions-and some others, I think.  Stockman on TV now saying the avg middleclass taxpayer will save 6 bucks a week.

A classic case of buy the rumor sell the news?

The bounce today? In a bear market the bounces are strong, look like the real deal  and mean’t to scare the bears out of their positions-is that what today is?It sure looks like a return to business as usual–the whole DOW decline of the past 5-7 days was about 260 pts–and the bears had to struggle to get them…heck, the DOW could get them all back by the close–the fair are for the brave–scared money doesn’t make money.

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Go to Top

Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.