Seems the negative hype from the media has subsided today. If they were to lay off for a while, IMO we would be back at $580 to $590 in a few days. Either way, the tax gain selling will subside soon and take the artificial pressure off the stock.
There is 100% chance of cliff being avoided IMO. However, both sides have to look like they went to the mat for their constituencies (just like we saw in Greece and Spain), so it will be in the final hour, or shortly thereafter. Then, each will claim they only compromised in the best interest of the American people because the other side would have taken them over the cliff had they not.