govt shutdown looms

dellinger63 · #1 10-17-2013, 08:42 AM

Funny how yesterday the media decided the Dow rising 300 points was do to the settlement (actually the presumption of a deal) yet this morning with the deal being official and the Dow down over a 100, all is mum.

GenuineRisk · #2 10-17-2013, 09:07 AM

Key and Peele's piece after Obama won reelection seems very apropos today. Just substitute "Ted Cruz" for "Mitt Romney."

http://www.comedycentral.com/video-c...ator---victory

#3 10-17-2013, 09:46 AM

Quote:

Originally Posted by dellinger63

Funny how yesterday the media decided the Dow rising 300 points was do to the settlement (actually the presumption of a deal) yet this morning with the deal being official and the Dow down over a 100, all is mum.

Nothing funny at all; the old adage of "buy on the rumor, sell on the news" applies. Also, pay no attention to the fact that the Dow has more than doubled since the bottom of 3/09. Maybe we should call it the "Tea Party Rally."

dellinger63 · #4 10-17-2013, 09:58 AM

Quote:

Originally Posted by Ocala Mike

Nothing funny at all; the old adage of "buy on the rumor, sell on the news" applies. Also, pay no attention to the fact that the Dow has more than doubled since the bottom of 3/09. Maybe we should call it the "Tea Party Rally."

Guess that's why Jack Lew has a government job and not at Goldman. He would have lost his shirt.