Bottom? UVXY? I am wondering about buying some but I would never talk about a bottom. Been out of this thing for a long time. I may buy some now but carefully.
"Let's be clear: The House legislation will not pass the Senate,” Democratic Senate Majority Leader Harry Reid said. He said that just a few hours ago.
I would have sold my SVXY at 102 but I was out and did not see it. I might switch back to uvxy before too long. I should probably just go to cash and watch is the best thing often.
I sold premarket and bought some svxy. Sweet! I knew fear was not that bad yet. If the deal gets messed up it could change but I think the deal gets done for the 6 weeks that the house put out there before.
LOL 55% in one day? That would be nice but I'd settle for 15%. I don't think there is real fear of default yet. If this plays out acrimoniously until Wednesday the sky is the limit. These sleaze bags' principles change with every opinion poll. They can call a session to spend more money at anytime so be careful.
I think they get a deal before the markets open. China is putting pressure on them. They will dance for the puppet masters.
I am not sure. I think there is still a shot a deal is made this weekend. Obama should have taken the 6 week deal. That is actually a good way to get government working again. Only give them 6 week budgets at a time.
Ok you may end up being right short term but there is no such thing as a bottom for this ETF. We should be clear about that. I sold half of what I bought at closing AFs.
Few that voted for Obama thought they were voting for Obama care. That is not what the election was about and you know it. Don't be a Rush Limbaugh by making up things in your head. That is one of the reason people have rejected the conservatives. People voted for Obama more out of distrust of the Republicans than anything else. They will vote against the democrats because of things like Obamacare, You should be smarter than that.