The Government Shut Down is now in effect without a solution and with their enormous egos, neither party is willing to cave.
The House has offered a budget solution that both the Senate and the White house have already rejected.
The president has said that he will reject any budget that limits or takes away resources for Obama-Care.
The markets are about to be slammed for the next several weeks leading up to October 17th, when the vote of the raise the debt ceiling comes around. If you are a trader, how do you take advantage of holding BAC knowing the political and market Chaos?
This is set for a huge explosion this coming week. This week is GAURANTEED, TO BE A CRAZY WEEK FOR THE MARKET. For the next several weeks to come, we will have political brinkmanship and turmoil in the market.
When all is said and done…I will be back STRONG with BAC when it falls to $9.78 a share and what a great buying day it will be after the Government Shutdown.