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Re: HattieTheWitch post# 93750

Friday, 12/21/2012 4:20:50 PM

Friday, December 21, 2012 4:20:50 PM

Post# of 147506
some who post are a little over dramtic even though picked the right side of the trade. I really thought this will test the low $500's with the dow taken a hit. after today's action, I really think buyers feel at these prices it's steal with earnings less than a month away and a slow week during the holidays, I just don't see that much more down days unless the fiscal BS doesn't pan out, benig a short into earnings is nuts. I think next week people will be buying here and there. Plus the wash sale rule where you can not buy stocks after a sell is withing 30days and Nov 20 was the deadline for tax selling for most firms, (not 100% sure on this) so I would think firms are stepping on and buying back their shares.

Anyways, hope the house and senate reach an agreement by years end and then good times going into 2013.
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