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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 689.100.0%Jan 23 4:00 PM EST

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To: robert b furman who wrote (41833)12/14/2012 12:16:03 PM
From: penthouse mike  Read Replies (2) of 222306
 
It will be very hard to make 10% of immediate cuts in defense without cutting current government jobs and contracts to companies that will cut jobs. The press will love to do stories on white collar defense workers losing their jobs at Christmas because of the fiscal cliff. The DOD is like a large battleship that can not turn easily to avoid short term change.
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