All of the leadership on both sides the aisle is telling us don't worry be happy, we'll meet till late tonight and early on NY's day (?) or the 2nd and get this deal done. 20% crapital gains vice 15%, a nice 3Million off the top of Mitt Robme's income. $400K individuals pay more tax, $450 marrieds (another great reason to stay single) Cuts? What cuts? Unemployment extended a year. The market roars.
I keep wondering if either or both sides can deliver their constituency. Boehner had trouble with his version of the deal, and it was far more generous than this "compromise". It ain't over till its over, and stops being the potential of the largest headfake in the history of headfakes.
I have dry powder on a lanyard, strong enough for headwinds blowing around the fiscal cliff. If I miss a runup, well, I get to start off where we started down last week.