Overnight Flash Crash...

I don't see any upside risk tomorrow, we just rallied for over a week on deal hopes, unless Obama suddenly caves in what could happen?

dipping my toe in, small short position here at midrange
 
I hear everyone is talking that deal can be reached easily if both sides meet in the middle but they don't see the big picture. Although they might agree on the size of the cut but they are far far from how and where the cuts should be applied. One side wants to cut on healthcare, schools, students credit,.... and increase the budget of military and the other side is asking for the opposite. If you believe that we will get a deal soon, dream on.
 
Just the usual market antics. Unless you're leveraged to the hilt in the wrong direction and your broker's computer kicks in! :D
 
Quote from Mav88:

you've seen a fiscal cliff before?
More...

Numerous times. Same crap, different name. Happens in every administration, every few years. I can't be the only one here old enough to remember the actual gov't shutdown during Bush I...
 
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