The stock market is going to soar tomorrow if no one walks out tonight! (Pelosi, Reid)
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I didn't want to get greedy, so I sold my options and bought normal stock. So if tomorrow soars, I'll still make a good amount, but thinking about how much MORE I could make if I kept my funds in options instead of stock makes me . It's all good though, any day that's up will put a smile on my face.
I would wait and see, Europe not looking so good. Plus, Boehner is holding it up, apparently the Repubs are balking at the thought of interruption of their favorite earmarking generator, Defense.
“If a person turns to mediums and necromancers, whoring after them, I will set my face against that person and will cut him off from among his people.
Futures are way up! We will see a 100-300 point rise in the Dow tomorrow if everything stays on track. I wish I didn't sell my options on Friday !
Considering the DOW fell 159 on Friday, and if I recall 100+ points for Thursday, Wed, Tue, I'd say thats a safe bet. I wasnt for a second selling my positions. One would be crazy to think they wouldnt get a deal done and I called a Sunday night deal, late night, Friday morning. It'll come too late for morning papers, but everyone will know..
Considering the DOW fell 159 on Friday, and if I recall 100+ points for Thursday, Wed, Tue, I'd say thats a safe bet. I wasnt for a second selling my positions. One would be crazy to think they wouldnt get a deal done and I called a Sunday night deal, late night, Friday morning. It'll come too late for morning papers, but everyone will know..
Once this thing gets passed I think we will see a big boom in the stock market. There is still so much money sitting on the sidelines. Companies have healthy foundations now and are showing consistent results. I think we will break records and go beyond 14,000. The longs will continue to make gains.
I would wait and see, Europe not looking so good. Plus, Boehner is holding it up, apparently the Repubs are balking at the thought of interruption of their favorite earmarking generator, Defense.
Seriously $%^& Republicans and the Tea Party. They are the biggest waste of life on this planet. Really...you are now objecting because some of the cuts will come from defense! You know how many military bases we have in every freaking country and Boner and the other Republicans aren't willing to make cuts. This is ridiculous, if a deal doesn't pass because of this, I will be the biggest advocate to rid Washington of Republicans. I can't believe this crap...Boner you #$%^ing idiot!
Once this thing gets passed I think we will see a big boom in the stock market. There is still so much money sitting on the sidelines. Companies have healthy foundations now and are showing consistent results. I think we will break records and go beyond 14,000. The longs will continue to make gains.
14,000 is overly optimistic because investors can only enter the stock market, by exiting some other market, usually the bond market. With the US Govt bonds being validated, people will be entering the bond market again, so there might be a temporary bump due to psychology of the investors, but people will be buying US Treasuries and have to get the money from somewhere.
Seriously $%^& Republicans and the Tea Party. They are the biggest waste of life on this planet. Really...you are now objecting because some of the cuts will come from defense! You know how many military bases we have in every freaking country and Boner and the other Republicans aren't willing to make cuts. This is ridiculous, if a deal doesn't pass because of this, I will be the biggest advocate to rid Washington of Republicans. I can't believe this crap...Boner you #$%^ing idiot!
Did you save any of your ire for Nancy Pelosi? The "progressives" (i.e., nutball fringe of the Democratic Party) might vote against the deal:
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