KC
@TheKevinCosta
SODMB Co-Founder
FISCAL CLIFF!!! That is what its all about at this current time regarding the equity markets. You will see the market make huge moves up or down depending on what happens with the fiscal cliff (resolution or none). For a deal I'll be watching retail stocks such as $KORS and $COH. I am already in $KORS so I am obviously rooting for a resolution. You had Aug. 4, 2011 where the market dropped over 500 points and even Sept. 29, 2008 where the market dropped 777 points! We can see those same kinds of negative numbers if the cliff is not resolved. I plan on shorting stocks if no deal is made but either way trading is going to be very exciting!
Only time will tell if Washington gets it done.
BUY Watchlist: $LPHI (Penny-Stock with a dividend) $COH $RAD (watching for the bottom of its current pullback)
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