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Tuesday, November 06, 2012 11:44:42 PM
Futures were down to 78 at 12:15am. Now we pretty much know that Obama won the election. Futures at 28 down.
If dividends are going to be taxed at 45%, Business will be given 0% breaks, Partisian politics is ALIVE and WELL in DC.
How do the futures go up with a confirmed, or a given that Obama will win.....seems like we have lots of unresolved issues. Not that Romney could of resolved all of this, but he would of had the House of Rep. on his side.
All this should bode well for TVIX...1.75 by Friday? 2.00 by Friday? Could finally be in the cards.
If this falls off the cliff....direct pun intended....
4.50, 5.25....6.10?
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