The setups I include on this blog are used in conjunction with the 3/10macd and the criteria I ascribe to it as a way to alert me to an existing condition of price. The key concept to take away from this blog is that I try to anticipate what will happen on the higher time frame by using a faster time frame to trigger the trade setup. I do not trade a "system" I use two indicators to clue me in to price conditions. Please read the Disclaimer located in the sidebar of this site. I can be contacted via email at
I am always open to questions, comments, or suggestions on how to improve this blog.

Tuesday, March 31, 2009

the cost of living in Ca.

Is it worth living here? I'm beginning to weigh the pros and cons.
Does raising taxes really generate the projected state/local revenues, or do people just spend less?
Anyway, my local sales tax is being increased to 8.75%!
"The sales tax is expected to bring in an estimated $5.8-billion..."
Are these expectations based on current spending trends, or do they also take into consideration a likely decrease in overall consumer spending?
In all, Governor and lawmakers agreed to $12.5-billion in tax increases in an attempt to decrease the $42-billion deficit.
On top of a higher sales tax, California will impose a 0.25% increase in personal income tax rates in '09 & '10, AND a 0.5% increase in fees to license vehicles .
Also, there will be a tax increase which will reduce the "dependent care credit parents and caregivers can claim to $99 from $309."
"Governor Schwarzenegger abhors taxes. Always has, always will," said his finance spokesman.

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