Good luck, you better write to your representatives since they are now controlling the stock market. IMGN is somewhat oversold and relatively cheap, but with chaos in DC fueled by the media, you might be a few days early, or not out far enough. I think the big run will start next year. IMO, not advice.
At a minimum the fools on the Hill are going to take this useless debate into the weekend. It seems their intention is to take it down to the wire in hopes of forcing Obama to capitulate on his affordable health care plan. The Street needs at least a 20% correction to send a message to the clowns in Washington that they have to work together and come to some sort of agreement. Its not like this deadline came up out of nowhere. They have done essentially nothing to negotiate around their differences since the last crisis of raising the debt ceiling, it will be worse this time around.