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Non-Tech : The unknown zone

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To: TheStag who wrote (1637)12/17/2012 8:59:31 AM
From: robert b furman  Read Replies (2) of 2175
 
Good morning Stag,

Down into expiration is good possibility.

As chief says good one day bad the next - seldom two days in a row during this week of expiration.

2 weeks of listening to fiscal cliff blah blah blah all makes for a good excuse to go sideways at least this week and then just hang on every little word from politicians - who've never set up a ;omg term market move short of wars and then it is short term also.

We need both revenue and a lot more of spending cuts.

Hard to see that get done fast - my bet is kick the can down the road and make it sound like they actually did something over the next 2 weeks.

I'll wait for your indicators to spike down and then double bottom on a head fake C wave.

Just guessing and hoping.

Enjoying the 60 degree weather here in Houston - but getting ready to drive up to Wisconsin for Xmas later this week.

Happy Holidays to you and your family/friends.

Bob
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