[HereWeGo]

[quote=kev374]they say the tax extensions has alienated some democrats, now will this pass the house as well? I am thinking it seems just uncertain at this point which way it will come out of the house. Have representatives recieved more complaints from their constituents since last week?

Senate approval of course was expected and is nothing surprising.

Of course it is a coincidence that this vote is passing on Fri to hope the markets “cool off” over the weekend if the results are negative, but I think if there is a negative house vote expect a 1000pt drop on the DOW or even more if we are to expect the kind of reaction that followed the initial defeat.[/quote]

At least. That’s why the Thurs futures are trading down, there’s just too much risk concentrated in that Friday vote. I expect a selloff tomorrow, followed by maybe a mild selloff into the vote, then a truly violent reaction in either direction depending on the outcome of the vote.

[HereWeGo]

[quote=kev374]they say the tax extensions has alienated some democrats, now will this pass the house as well? I am thinking it seems just uncertain at this point which way it will come out of the house. Have representatives recieved more complaints from their constituents since last week?

Senate approval of course was expected and is nothing surprising.

Of course it is a coincidence that this vote is passing on Fri to hope the markets “cool off” over the weekend if the results are negative, but I think if there is a negative house vote expect a 1000pt drop on the DOW or even more if we are to expect the kind of reaction that followed the initial defeat.[/quote]

At least. That’s why the Thurs futures are trading down, there’s just too much risk concentrated in that Friday vote. I expect a selloff tomorrow, followed by maybe a mild selloff into the vote, then a truly violent reaction in either direction depending on the outcome of the vote.

[HereWeGo]

[quote=kev374]they say the tax extensions has alienated some democrats, now will this pass the house as well? I am thinking it seems just uncertain at this point which way it will come out of the house. Have representatives recieved more complaints from their constituents since last week?

Senate approval of course was expected and is nothing surprising.

Of course it is a coincidence that this vote is passing on Fri to hope the markets “cool off” over the weekend if the results are negative, but I think if there is a negative house vote expect a 1000pt drop on the DOW or even more if we are to expect the kind of reaction that followed the initial defeat.[/quote]

At least. That’s why the Thurs futures are trading down, there’s just too much risk concentrated in that Friday vote. I expect a selloff tomorrow, followed by maybe a mild selloff into the vote, then a truly violent reaction in either direction depending on the outcome of the vote.

[HereWeGo]

[quote=kev374]they say the tax extensions has alienated some democrats, now will this pass the house as well? I am thinking it seems just uncertain at this point which way it will come out of the house. Have representatives recieved more complaints from their constituents since last week?

Senate approval of course was expected and is nothing surprising.

Of course it is a coincidence that this vote is passing on Fri to hope the markets “cool off” over the weekend if the results are negative, but I think if there is a negative house vote expect a 1000pt drop on the DOW or even more if we are to expect the kind of reaction that followed the initial defeat.[/quote]

At least. That’s why the Thurs futures are trading down, there’s just too much risk concentrated in that Friday vote. I expect a selloff tomorrow, followed by maybe a mild selloff into the vote, then a truly violent reaction in either direction depending on the outcome of the vote.

[HereWeGo]

[quote=kev374]they say the tax extensions has alienated some democrats, now will this pass the house as well? I am thinking it seems just uncertain at this point which way it will come out of the house. Have representatives recieved more complaints from their constituents since last week?

Senate approval of course was expected and is nothing surprising.

Of course it is a coincidence that this vote is passing on Fri to hope the markets “cool off” over the weekend if the results are negative, but I think if there is a negative house vote expect a 1000pt drop on the DOW or even more if we are to expect the kind of reaction that followed the initial defeat.[/quote]

At least. That’s why the Thurs futures are trading down, there’s just too much risk concentrated in that Friday vote. I expect a selloff tomorrow, followed by maybe a mild selloff into the vote, then a truly violent reaction in either direction depending on the outcome of the vote.

[HereWeGo]

I’d like to see the Federal government empower the IRS to go after anyone who defaults on a government-insured or government-financed mortgage. Those loans are at a serious discount to what a free market would price, there needs to be a stick to go with that carrot.

[HereWeGo]

I’d like to see the Federal government empower the IRS to go after anyone who defaults on a government-insured or government-financed mortgage. Those loans are at a serious discount to what a free market would price, there needs to be a stick to go with that carrot.

[HereWeGo]

I’d like to see the Federal government empower the IRS to go after anyone who defaults on a government-insured or government-financed mortgage. Those loans are at a serious discount to what a free market would price, there needs to be a stick to go with that carrot.

[HereWeGo]

I’d like to see the Federal government empower the IRS to go after anyone who defaults on a government-insured or government-financed mortgage. Those loans are at a serious discount to what a free market would price, there needs to be a stick to go with that carrot.

[HereWeGo]

I’d like to see the Federal government empower the IRS to go after anyone who defaults on a government-insured or government-financed mortgage. Those loans are at a serious discount to what a free market would price, there needs to be a stick to go with that carrot.

[HereWeGo]

This seems like a huge win for the FDIC, though. To have that bank go under and have all deposits transferred smoothly resulting in a 2B profit for the FDIC was incredible IMO.

[HereWeGo]

This seems like a huge win for the FDIC, though. To have that bank go under and have all deposits transferred smoothly resulting in a 2B profit for the FDIC was incredible IMO.

[HereWeGo]

This seems like a huge win for the FDIC, though. To have that bank go under and have all deposits transferred smoothly resulting in a 2B profit for the FDIC was incredible IMO.

[HereWeGo]

This seems like a huge win for the FDIC, though. To have that bank go under and have all deposits transferred smoothly resulting in a 2B profit for the FDIC was incredible IMO.

[HereWeGo]

This seems like a huge win for the FDIC, though. To have that bank go under and have all deposits transferred smoothly resulting in a 2B profit for the FDIC was incredible IMO.

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