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equalizer
Participant“The Internal Revenue Service today announced an increase in the optional standard mileage rates for the final six months of 2008. Taxpayers may use the optional standard rates to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
The rate will increase to 58.5 cents a mile for all business miles driven from July 1, 2008, through Dec. 31, 2008. This is an increase of eight (8) cents from the 50.5 cent rate in effect for the first six months of 2008, as set forth in Rev. Proc. 2007-70.
In recognition of recent gasoline price increases, the IRS made this special adjustment for the final months of 2008. The IRS normally updates the mileage rates once a year in the fall for the next calendar year.”
deduction of mileage expenses was 44.5 cents in 2006; this deduction increases to 58.5 cents in July.
Participant“The Internal Revenue Service today announced an increase in the optional standard mileage rates for the final six months of 2008. Taxpayers may use the optional standard rates to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
The rate will increase to 58.5 cents a mile for all business miles driven from July 1, 2008, through Dec. 31, 2008. This is an increase of eight (8) cents from the 50.5 cent rate in effect for the first six months of 2008, as set forth in Rev. Proc. 2007-70.
In recognition of recent gasoline price increases, the IRS made this special adjustment for the final months of 2008. The IRS normally updates the mileage rates once a year in the fall for the next calendar year.”
deduction of mileage expenses was 44.5 cents in 2006; this deduction increases to 58.5 cents in July.
Participant“The Internal Revenue Service today announced an increase in the optional standard mileage rates for the final six months of 2008. Taxpayers may use the optional standard rates to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
The rate will increase to 58.5 cents a mile for all business miles driven from July 1, 2008, through Dec. 31, 2008. This is an increase of eight (8) cents from the 50.5 cent rate in effect for the first six months of 2008, as set forth in Rev. Proc. 2007-70.
In recognition of recent gasoline price increases, the IRS made this special adjustment for the final months of 2008. The IRS normally updates the mileage rates once a year in the fall for the next calendar year.”
deduction of mileage expenses was 44.5 cents in 2006; this deduction increases to 58.5 cents in July.
Participant“The Internal Revenue Service today announced an increase in the optional standard mileage rates for the final six months of 2008. Taxpayers may use the optional standard rates to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
The rate will increase to 58.5 cents a mile for all business miles driven from July 1, 2008, through Dec. 31, 2008. This is an increase of eight (8) cents from the 50.5 cent rate in effect for the first six months of 2008, as set forth in Rev. Proc. 2007-70.
In recognition of recent gasoline price increases, the IRS made this special adjustment for the final months of 2008. The IRS normally updates the mileage rates once a year in the fall for the next calendar year.”
deduction of mileage expenses was 44.5 cents in 2006; this deduction increases to 58.5 cents in July.
Participant“The Internal Revenue Service today announced an increase in the optional standard mileage rates for the final six months of 2008. Taxpayers may use the optional standard rates to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
The rate will increase to 58.5 cents a mile for all business miles driven from July 1, 2008, through Dec. 31, 2008. This is an increase of eight (8) cents from the 50.5 cent rate in effect for the first six months of 2008, as set forth in Rev. Proc. 2007-70.
In recognition of recent gasoline price increases, the IRS made this special adjustment for the final months of 2008. The IRS normally updates the mileage rates once a year in the fall for the next calendar year.”
deduction of mileage expenses was 44.5 cents in 2006; this deduction increases to 58.5 cents in July.
ParticipantFor very risky bet on falling oil try the airlines. Small drop in oil will easily double the prices. Cautious investors like Stuart Schweitzer of JPMorgan Private Bank have started buying distressed debt, companies that wont go under like (my guess) GM or WAMU.
stockstrdt: What factors convinced you to go short, technical ones? The VIX is not surging (only in the low 20’s as opposed to midthirties back on black Stearns day) which is typically very bad for bulls. The 50 day EMA and 200EMA last crossed earlier this year and this is also bearish. With the dow and S&P 500 near strong resistance at 20% off peak, we are near crucial junction. We could get slow painful decline aka 2001-2002 or my prediction that 90% odds in pres election years the market will rally from July-Oct. The party in charge is going to sit idly by and watch economy, market just slide down without putting all stops to help their party?
VIX vs SPX
http://bigpicture.typepad.com/comments/2008/06/10-year-vix-cha.htmlParticipantFor very risky bet on falling oil try the airlines. Small drop in oil will easily double the prices. Cautious investors like Stuart Schweitzer of JPMorgan Private Bank have started buying distressed debt, companies that wont go under like (my guess) GM or WAMU.
stockstrdt: What factors convinced you to go short, technical ones? The VIX is not surging (only in the low 20’s as opposed to midthirties back on black Stearns day) which is typically very bad for bulls. The 50 day EMA and 200EMA last crossed earlier this year and this is also bearish. With the dow and S&P 500 near strong resistance at 20% off peak, we are near crucial junction. We could get slow painful decline aka 2001-2002 or my prediction that 90% odds in pres election years the market will rally from July-Oct. The party in charge is going to sit idly by and watch economy, market just slide down without putting all stops to help their party?
VIX vs SPX
http://bigpicture.typepad.com/comments/2008/06/10-year-vix-cha.htmlParticipantFor very risky bet on falling oil try the airlines. Small drop in oil will easily double the prices. Cautious investors like Stuart Schweitzer of JPMorgan Private Bank have started buying distressed debt, companies that wont go under like (my guess) GM or WAMU.
stockstrdt: What factors convinced you to go short, technical ones? The VIX is not surging (only in the low 20’s as opposed to midthirties back on black Stearns day) which is typically very bad for bulls. The 50 day EMA and 200EMA last crossed earlier this year and this is also bearish. With the dow and S&P 500 near strong resistance at 20% off peak, we are near crucial junction. We could get slow painful decline aka 2001-2002 or my prediction that 90% odds in pres election years the market will rally from July-Oct. The party in charge is going to sit idly by and watch economy, market just slide down without putting all stops to help their party?
VIX vs SPX
http://bigpicture.typepad.com/comments/2008/06/10-year-vix-cha.htmlParticipantFor very risky bet on falling oil try the airlines. Small drop in oil will easily double the prices. Cautious investors like Stuart Schweitzer of JPMorgan Private Bank have started buying distressed debt, companies that wont go under like (my guess) GM or WAMU.
stockstrdt: What factors convinced you to go short, technical ones? The VIX is not surging (only in the low 20’s as opposed to midthirties back on black Stearns day) which is typically very bad for bulls. The 50 day EMA and 200EMA last crossed earlier this year and this is also bearish. With the dow and S&P 500 near strong resistance at 20% off peak, we are near crucial junction. We could get slow painful decline aka 2001-2002 or my prediction that 90% odds in pres election years the market will rally from July-Oct. The party in charge is going to sit idly by and watch economy, market just slide down without putting all stops to help their party?
VIX vs SPX
http://bigpicture.typepad.com/comments/2008/06/10-year-vix-cha.htmlParticipantFor very risky bet on falling oil try the airlines. Small drop in oil will easily double the prices. Cautious investors like Stuart Schweitzer of JPMorgan Private Bank have started buying distressed debt, companies that wont go under like (my guess) GM or WAMU.
stockstrdt: What factors convinced you to go short, technical ones? The VIX is not surging (only in the low 20’s as opposed to midthirties back on black Stearns day) which is typically very bad for bulls. The 50 day EMA and 200EMA last crossed earlier this year and this is also bearish. With the dow and S&P 500 near strong resistance at 20% off peak, we are near crucial junction. We could get slow painful decline aka 2001-2002 or my prediction that 90% odds in pres election years the market will rally from July-Oct. The party in charge is going to sit idly by and watch economy, market just slide down without putting all stops to help their party?
VIX vs SPX
http://bigpicture.typepad.com/comments/2008/06/10-year-vix-cha.htmlParticipantFPA Capital holds 9% of ROSE, that pretty amazing considering that my pal Bob had 40% of fund in cash as of a few months ago!
Rayb: What is going to a dollar?
ParticipantFPA Capital holds 9% of ROSE, that pretty amazing considering that my pal Bob had 40% of fund in cash as of a few months ago!
Rayb: What is going to a dollar?
ParticipantFPA Capital holds 9% of ROSE, that pretty amazing considering that my pal Bob had 40% of fund in cash as of a few months ago!
Rayb: What is going to a dollar?
ParticipantFPA Capital holds 9% of ROSE, that pretty amazing considering that my pal Bob had 40% of fund in cash as of a few months ago!
Rayb: What is going to a dollar?
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