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There's been a bit of a change in folks feelings about all this
cliff talk. Basically since TV and the radio airwaves have had
nothing but this garbage on all day, people are starting to tire of
it. I actually saw a die hard democrat
I am so tired of this silly political game. Boehner comes
out and blames Obama for not producing any spending cuts. Then Reid
comes on TV and says it's all the Republicans fault and they're the
So the market decided to
We popped out of the gate nicely, but it didn't take long for the
steam to come out and we've drifted back to almost "unchanged" on
So now it's all about Bernanke's press conference late in the
Isn't this fun? The market went up and up on all the positive and
rosy talk about coming to a deal.. CNBC has half its nitwits in
washington to report on it, and so the market runs to 115 points.
Then at about 2:40 pm... Reid comes
Just a short note...
The market has "held up" for the most part, but it's not crazed by
any means. I did pick up BTU as it crossed 27, and it hit 27.54
before coming off a bit. I will stop
Well this mornings big pop over the bogus employment numbers has
faded and the S&P and the NASDAQ both went red. The DOW is
holding onto a 30 point gain, but as you can see, it's
I don't have all three
Well they've done a pretty good job of keeping us green, although
lets be real....13 points is nothing to write home about. Again..
they just don't want to miss any deal that gets done, so there's
little selling pressure.
I took on
Well isn't this something. An hour after we opened the S&P had
gone negative and the DOW was up just 22 points. Then out of the
clear blue, they started pouring on points. Just moments ago
the DOW was up 136 and the S&P up 7.5.
This is a tough day to figure. They opened us green and except for
the NASDAQ they've been able to keep the market's green. But the
moves are strained. Basically I just don't trust this
As I was typing this the S&P went
So far the day has gone about the way I expected it might. We
opened green, looked like we were going to really move higher, and
then the air came out and we went red by about 50. Right now as we
come into 2