12-18-2012, 11:06 AM
My take is, and always has been that if they pass a solution, the market is going to soar. The 1Q nd possible 2Q will be record breaking. If they dont, it will have a big correction. If they kick the can down the road, the short sided market will have a good run, but not as good as a solution.
My bet (which at this point was wrong) is that they will still bicker back and forth and I would have been able to catch a quick down turn.
I hate the concept of a plan B / kick the can punt..... Its why we are where we are now. I hope Obama will say the same thing today and stick to his guns. I doubt he will. Going with a plan B allows these ass holes to go home for the holidays while not doing their job. I think going home for the holidays is congress's number one priority as opposed to actually doing their job.
So the real question on the short term is what will Obama say to plan B. Frankly if I were you I would sell, but that's what I said when I sold my TNA and the market rallied since then.
My bet (which at this point was wrong) is that they will still bicker back and forth and I would have been able to catch a quick down turn.
I hate the concept of a plan B / kick the can punt..... Its why we are where we are now. I hope Obama will say the same thing today and stick to his guns. I doubt he will. Going with a plan B allows these ass holes to go home for the holidays while not doing their job. I think going home for the holidays is congress's number one priority as opposed to actually doing their job.
So the real question on the short term is what will Obama say to plan B. Frankly if I were you I would sell, but that's what I said when I sold my TNA and the market rallied since then.
Maul, the Bashing Shamie
"If you want to change the world, be that change."
--Gandhi
"If you want to change the world, be that change."
--Gandhi
