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


To: Oblivious who wrote (42287)12/20/2012 10:41:03 PM
From: Keith Feral  Respond to of 221955
 
Tomorrow makes for a nice correction back towards the mid point of the range. I don't think the range of debate on the fiscal cliff matters much to the economy. TARP failed on the first vote, and passed on the second vote. Any bad news lowers interest rates, supports the dollar and lowers oil prices. This is a win win for US monetary policy.

Washington doesn't have any urgency to pass a deal with oil above $90.