| To: Fintas who wrote (42884) | 12/31/2012 2:57:51 PM | | From: sandeep | | | | | Responsibility implies appropriate response to events. Focusing on cutting budget deficits in 2009 would have been suicidal. We have plenty of time to fix stuff. You worry too much. If Cheif is right about a runaway market, we might find ourselves not needing to do anything. The tax receipts will explode up. |
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| To: Fintas who wrote (42884) | 12/31/2012 2:57:51 PM | | From: sandeep | | | | | Responsibility implies appropriate response to events. Focusing on cutting budget deficits in 2009 would have been suicidal. We have plenty of time to fix stuff. You worry too much. If Cheif is right about a runaway market, we might find ourselves not needing to do anything. The tax receipts will explode up. |
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| To: GROUND ZERO™ who wrote (42890) | 12/31/2012 3:01:23 PM | | From: sandeep | | | | | Market is going to explode up. The deal will be done unless the house republicans crap out again. Hopefully, Boehner has the balls this time. |
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| To: sandeep who wrote (42891) | 12/31/2012 3:05:49 PM | | From: Brian Sullivan | | | | This is a fake out rally. McConnell deal is to pass the tax legislation only. That can pass both the Senate and the House. But it decouples the sequester cuts, they would have to be addressed by a separate bill.
Obama will tell the Democrats that they must not accept this decoupling and we won't see a vote on the tax rate bill.
Markets will turn down after this becomes clear. |
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| To: Brian Sullivan who wrote (42893) | 12/31/2012 3:11:40 PM | | From: Joseph Silent | | | | Given the number of people looking down, seems to me that the markets have nowhere to go but up.
This must be the first of the short covering. The diehards will cover after the New Year parties.
With some luck we'll see prices near 1500 in weeks. After that we can start to worry.
:) |
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| To: Joseph Silent who wrote (42895) | 12/31/2012 3:17:16 PM | | From: GROUND ZERO™ | | | | I agree with you... the model's sell signal last week was a complete surprise, even the exchange was stunned and wasn't able to report the correct closing price until the next morning... so now, everyone is looking for a big sell off, it just won't happen... at this moment, we're within whispering distance of a new main model buy signal... what a market!!!
GZ |
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