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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 (41822)12/14/2012 8:06:49 AM
From: Seismo1 Recommendation  Read Replies (2) | Respond to of 222230
 
In a world where our government does not try to directly manipulate the stock market, I would expect equities to decline. But as you know, that is not the world we live in. So I have no idea what stock prices will do. I have been wrong about overall stock price direction for 2 years now so my credibility in this area is sorely lacking.



To: GROUND ZERO™ who wrote (41822)12/14/2012 10:06:35 AM
From: penthouse mike1 Recommendation  Read Replies (1) | Respond to of 222230
 
I think that Congress has already painted themselves into a corner where their only option now is to do a Continuing Resolution Amendment to postpone the fiscal cliff. But since Obumbo controls the departments, he can start to make big cuts in defense and other agencies anticipating the cliff. News of massive layoffs in the government sector just before Christmas should be enough to get a main model sell signal.


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