Possibility of Market Dump Due to Healthcare Bill

What would you look at going on now to get a feel for tomorrow?

 

... or there might be only a coincidence, as the market is anyway due for a turn downwards

 

Well, to know for sure you could wait for the closing bell to go on.. But, if you want to know by about 1:15 pm New York time, stop by the Urgent Message from Rennick thread...

 

Bill, i heard the rumor that Fed is about to abolish the Dow index. you might be in big trouble...

 

Thanks, will check it. I"m in AUY and GERN.

 

Well, if you are naive enough to believe the headlines that Friday's little sell-off was due to continued worry over deficits in Greece, than i see no reason why you might think that a down market on Monday was because the Health Bill passed, or an Up market on Monday was because the Health Bill passed and trashed the dollar.

 

Actually I think it'll tank because of Ben Roethlisbergers sex scandal. They won the superbowl last year ya know.

 

the market is a tricky animal. the bill is generally considered anti-market. until the bill passed there was an uncertainty that they can do it. now we have the proof that the people in power can and did pass a major anti-market legislature. even more, they have the power to pass more anti-market legislatures down the road....

so, if we tank next week, i would say it is because of the healthcare bill as well as because the market is overbought, etc.

 

My health insurance personally was just raised by at least 10k a year.
Welcome to socialism.

 

You should have added "-20%" to your poll.