- Nov 19, 2014
- 9,013
- 14,787
Well, the ETFs I bought on Tuesday are up anywhere between 5.46% and 5.99%... now I have the weekly dilemma: dump going into the close, or hold over the weekend and wonder what madness will ensue over those 60 hours?
Well as you are aware. Prez Tweeter has upped the # for his Stimulate Me Money to 1.8 Trillion. That is only 400 Billion below what the Dums are agreeable to, which for all intents and purposes is petty cash at this point. So the market rallied, the 10 yr. bumped up against 80 basis points and now the market has settled back? So the consensus has been all along that a Stimulate Me bill will get done, and today was about as close as it has gotten since Prez Tweeter just said the other day NO to a complete package, but targeted help only. Today he reverses courses, goes all in on a total package, and the market barely lifted? Considering all the pundits have said that a Stimulate Me deal was not priced into the market, I would almost beg to differ. Prez Tweeter throws in the towel b/c he knows he is in trouble election wise, and the market basically yawns?
FWIW, I would never give advice but taking profits never broke anyone, taking some profits allows for easier sleep and many a player who collected a lot of singles and doubles ended up in the Hall of Fame also :)