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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (40126)11/9/2012 11:02:11 AM
From: Zincman  Read Replies (1) | Respond to of 218395
 
Will go down to the wire... no doubt.



To: GROUND ZERO™ who wrote (40126)11/9/2012 11:04:19 AM
From: Keith Feral  Read Replies (1) | Respond to of 218395
 
I hope it's today, get whatever he has to say out of the way with the market down almost 1000 points going into the open today.

The fake rally on Qe3 kept everyone busy this summer and early fall. Now, we get to play the move back to bear market territory where it actually makes sense to be long again.

I'm back to full sized positions this morning for the first time since September.



To: GROUND ZERO™ who wrote (40126)11/9/2012 11:13:20 AM
From: Seismo  Read Replies (1) | Respond to of 218395
 
The reality is there is no way we are going to be able to tackle our debt crisis in any meaningful way without going over some kind of fiscal cliff. We may not like the current fiscal cliff as it is laid out but a compromise on that would either just shift spending cuts and/or tax increases to different areas OR it would just water down debt reduction. There are now no easy options to deal with our massive debt.

Since both parties really seem to like lots of debt my guess is they will compromise and declare victory by reducing the GROWTH in new debt. Probably over 10 years or more so in effect, nothing will really happen to our debt. The markets will like that but our grandchildren will not.