Replies to post #4115 on The New CS Board

[Smokey22]

Obama did win the election, so of course he wants to give voters what he promised them, same as Bush did. The Repubs consistently block him from doing that.

So I agree that it doesn't look likely that a deal will be struck.

[ahimsak]

The fiscal cliff is a non issue, the problem is our govenment is not for the people, by the people, etc.

The extreme high rsi level in mid Sept usually signals a new high eventually before the bear bites, but have lost too much money playing the rally at the end.

My gut says we go up into some kind of solution they come up with eventually, but then the bear begins. I should be short,but am not willing to take much risk right now.

Made a few pennies, not much, the past couple weeks on the long side, but now just have 10% in gold, hedged with jan calls.

the economy is in real trouble, and without a concerted effort by our govt, we are screwed.