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Nice going, Martha
Message
From
20/01/2010 13:06:51
 
 
To
20/01/2010 12:54:09
General information
Forum:
Politics
Category:
Other
Miscellaneous
Thread ID:
01444878
Message ID:
01445038
Views:
48
>Maybe now Pelosi, et.al and the progressive whackos will take notice that its not business as usual, even for liberal voters, when you piss off enough of them by tying to force an agenda down their throats.
>
>The problem is that the progressives don't care. Obama already said that Brown's victory in Massachusetts will not change any of his policies. And you can see that the stick markets have reacted appropriately.

There was a minor trade leading up to the election in classic "buy the rumor sell the news" fashion and it played out perfectly. Do not make the mistake of reading too much into this market based on a single event, no matter how relevant politically. Political events may make for tradeable events but that is all. The market is currently being held up by a great deal of faith. That faith is not being rewarded by facts and the trendlines are staring to reflect that change in attitude.

The fundamentals will always rule, and that's coming from a chart guy. ;)
Wine is sunlight, held together by water - Galileo Galilei
Un jour sans vin est comme un jour sans soleil - Louis Pasteur
Water separates the people of the world; wine unites them - anonymous
Wine is the most civilized thing in the world - Ernest Hemingway
Wine makes daily living easier, less hurried, with fewer tensions and more tolerance - Benjamin Franklin
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