tax, page-8

Sprogman

To be honest not bothering to check what losses each entity has, as the damage to the mining and oil sector has been done.

DOW is looking toppy to boot, only helps those jumping short.

I will reassess the entire market at weeks end, but not liking anything at the moment.

AGO i will continue to hold, as this is ridiculous, based on my spreadsheet analysis they can cover this tax and still provide an SP of $5.00+ in 18-24 months.

But market confidence has been shot and that is a powerful demotivator.

Only fortunate thing in my favour is that i managed to reduce my holdings 40% in the past two weeks.

The only thing i bought was adding more AGO at $2.53 and $2.25 in the past two days.