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We're Nowhere

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We're Nowhere

Postby Trading.AdvantageCom » Tue Dec 04, 2012 2:16 am

We're Nowhere

Over the weekend talk continued on the fiscal cliff negotiations. The Sunday political programs, like “This Week” led with it.

The best part of the prior video is the end when we’re reminded that Tax-Cheatin-Timmy will no longer be Treasury Secretary in 2013.

Last Friday, Speaker Boehner held another press conference in which he said about the negotiations “we’re nowhere.”

This coming Friday we’ll get the latest monthly jobs report, which should make for an interesting end of the week. Before that, however, we could get a few more press conferences on this fiscal cliff issue. If any are scheduled, be prepared for good moves.

Trade well and follow the trend, not the perma-bull OR perma-bear “experts.”

Behold the age of infinite moral hazard! On April 2nd, 2009 CONgress forced FASB to suspend rule 157 in favor of deceitful accounting for the TBTF banking mafia.

Value Areas:
ES 1415.00 / 1411.50
POC… 1414.00
YM 13023 / 12985
NQ 2678.00 / 2671.50

Best Trades to you,
Larry Levin
Founder & President- Trading Advantage
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Re: We're Nowhere

Postby Shawnmichal » Tue Dec 04, 2012 12:07 pm

I also think that following current market trends will be good decision in current market conditions.
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