Speedy admits his mistakes and I did sell too early. However, I still feel the higher it goes, the further it will fall when the bad news hits.
A laywer friend told me the schools are in a panic about Obamacare. There is a provision called the sledge hammer in which employers must pay a penalty of $2000 FOR EVERY EMPLOYEE, if they fail to insure 95% of all employees who work 30 hours or more.
Initially we heard the penalty was just for those not insured. Now its every employee. This is per IRS guidance issued in Jan.
Good call speedy...just got back from Florida. As usual, the weather in NY bites it. Obamacare is a big lie. It is costing more than advertised. You can't keep all your own doctors. It's not lowering the deficit and the insurance rates are going up and not down. Can the real revolt be far behind. Load up!