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Okay, everyone's getting the nod that a deal is going to happen.
Now we have Obama on TV lying to everyone about his agenda, but
what ever... the fact is the market is up 70 in anticipation of an
The arm twisting continues. The market is trying to force the
politicians hands, as we're down 90 points, and close to losing DOW
13K. The politicians know this is happening and they continue
to play their grandstanding games.
So here's the question. If we
The tone has shifted from "hoping they fix this mess" to "we're
going to force them to fix this mess".
The market has a habit of pushing politicians to do things because
as we all know... a falling market gets everyone's attention
For some reason, when I copied and pasted this morning's update
it cut off a couple of the last paragraphs... here they are...
It's Christmas Eve and frankly it just feels "wrong" to be sitting
here playing market games on such a wonderful day. But it is.. what
it is and here we are.
The market went into pout mode a couple days back because
Okay I'm back. I see the morning pout is still in effect.
We took our stops off everything and amazingly, most of it is
still green for us. Granted the bulk of the big profits are gone,
but at least we're not underwater by
So Boehner came on after Reid basically said he's sending his
minions home... and what did Boehner say? Not a lot. The game of
chicken goes on, but each time they come on TV the "numbers" get
closer, and the market bounces. Granted we're up just 16..
See? See how goofy Wednesday's can be? The futures were nice and
green this am, they were ignoring the "no deal" tough talk and then
"boom" we open poor and fall red.
I stopped flat on SBUX and lost 40 cents on
What a crazy day. While there is no deal on the table, the market
has decided to be deluded into believing the world is saved. Greece
was upgraded earlier today. Talking heads are declaring a deal will
be done. The "year end push" is in full effect,
Well the market isn't up as much as it was earlier in the day and
that's about what we figured 'might" happen. But the day isn't over
so maybe we'll be up 70 again instead of the 52 we're up now.
I picked up