Possibility of Market Dump Due to Healthcare Bill

[omegapoint]

What would you look at going on now to get a feel for tomorrow?

 

[charts]

Quote from shortie:

I am getting more and more convinced that the health care bill passage may knock down the market short-term. Share your thoughts here. this thread is for market action due to to likely bill passage...

... or there might be only a coincidence, as the market is anyway due for a turn downwards

 

[William Rennick]

Quote from omegapoint:

What would you look at going on now to get a feel for tomorrow?

Well, to know for sure you could wait for the closing bell to go on.. But, if you want to know by about 1:15 pm New York time, stop by the Urgent Message from Rennick thread...

 

[shortie]

Quote from William Rennick:

"Shorty the Fade" even whispering sell-off means we rally hard. Buy any weakness Fellas, 11 K here we come!!!

The Amazing Rennick out

Bill, i heard the rumor that Fed is about to abolish the Dow index. you might be in big trouble...

 

[omegapoint]

Quote from William Rennick:

Well, to know for sure you could wait for the closing bell to go on.. But, if you want to know by about 1:15 pm New York time, stop by the Urgent Message from Rennick thread...

Thanks, will check it. I"m in AUY and GERN.

 

[piezoe]

Well, if you are naive enough to believe the headlines that Friday's little sell-off was due to continued worry over deficits in Greece, than i see no reason why you might think that a down market on Monday was because the Health Bill passed, or an Up market on Monday was because the Health Bill passed and trashed the dollar.

 

[omegapoint]

Quote from piezoe:

Well, if you are naive enough to believe the headlines that Friday's little sell-off was due to continued worry over deficits in Greece, than i see no reason why you might think that a down market on Monday was because the Health Bill passed, or an Up market on Monday was because the Health Bill passed and trashed the dollar.

Actually I think it'll tank because of Ben Roethlisbergers sex scandal. They won the superbowl last year ya know.

 

[shortie]

Quote from piezoe:

Well, if you are naive enough to believe the headlines that Friday's little sell-off was due to continued worry over deficits in Greece, than i see no reason why you might think that a down market on Monday was because the Health Bill passed, or an Up market on Monday was because the Health Bill passed and trashed the dollar.

the market is a tricky animal. the bill is generally considered anti-market. until the bill passed there was an uncertainty that they can do it. now we have the proof that the people in power can and did pass a major anti-market legislature. even more, they have the power to pass more anti-market legislatures down the road....

so, if we tank next week, i would say it is because of the healthcare bill as well as because the market is overbought, etc.

 

[Lojanica]

My health insurance personally was just raised by at least 10k a year.
Welcome to socialism.

 

[FutsTrader111]

You should have added "-20%" to your poll.