News Focus
News Focus
Post# of 4839
Next 10
Followers 23
Posts 5148
Boards Moderated 1
Alias Born 03/16/2004

Re: Myself °¿° post# 2751

Wednesday, 10/01/2008 3:27:48 PM

Wednesday, October 01, 2008 3:27:48 PM

Post# of 4839
well its my guess that the senate vote will be a gap up, but it goes into the house which is in a clusterfark. they are padding it with tons of meaningless junk to get 12 more votes. I'm sure they appeased those 12 votes only to get a few more defectors that want equal compensation to keep their vote. its going to be 700 pages and cost us 1.2 trillion before this is done.

House votes on the amended bill tomorrow afternoon. I think it has to go back to the senate to review the changes to see if they are good with it. best case scenario is it gets to the President's desk this weekend.

So tomorrow might be a gap and crap. Put me down 60/40 in a sell off into the House vote. Market is ignoring all the bad reports to get to this bill. Its fixated, so will there be enough cash sidelined to keep it going long enough?

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today