Perhaps Reid and McConnell have found the middle ground. One would then assume that Boehner and Pelosi would do similar. There are many reasons to buy INTC. I will certainly buy more if the market grants me a real bargain.The market might be sharply higher tomorrow.
If Reid and McConnell have reached an agreement, then I would expect that it would be with the blessing of the President. Pelosi and a group of House Democrats are likely to follow the President's request. I think that John Boehner will take any exit to extracate himself from having to negotiate emergency legislation with his Freshman Class.
IMO, a Reid agreement is a pretty strong signal about a pending deal. It will be an interesting couple weeks of credit claiming spin and finger pointing.