Black Monday - December 31, 2012

Absolutely no stop.

 

They are buying time by these meetings. There will be no deal soon. In the meetings they talk about the best wine that they had and their kids soccer game. Nothing else.

 

thx spec, could not find anything as well. wow, nothing like bringing in the new year with no deal, who would have thought.

 

Do you guys believe that even if they agree on a inky dinky deal, market will rally?

 

By the rumor, sell the news.

And really. Who gives a shit if Obama and the Senate become bffs and sign a deal. The house is still gonna reject it.

 

Spoos up 3 to 4 handles. Good work guys on the end of the world talk.

 

There is no urgency for these sociopaths to act until a 500 point drop in the INDU. 2008 showed that they are reactive to market crashes.

 

I'll admit that these Black Monday threads always seem to be a contrarian indicator. You guys should thank me.

 

I still say maret will be flat and oil will be down at least 50 cents.

 

Dude, WTI has a $2 ATR. It makes .50 moves 10 times a day.