Freedoms Truth

Risk Aversion Expected Until Tuesday's Inauguration

"They will move from sector to sector (i.e. - alt. energy, infrastructure, etc.). Get ready and take your profits and wait for the next wave. "

True. I held some TXI that was suffering due to earnings but got bid up in Dec on infrastructure hopes. sold it in mid-30s. Now it is mid-20s.

Risk Aversion Expected Until Tuesday's Inauguration

Actually, the first Obama bounce happened in September and October when it became clear who the next president would be."

The REALLY first 'bounce' was when the market reacted to the Iowa caucus results a year ago. Huckabee and Obama?!? That should have been a sign to pay attention to!

Risk Aversion Expected Until Tuesday's Inauguration

"The only bounceable events this coming week would be a final vote in Congress on some specific measure like a tax cut."

Egads, Speaker Pelosi is on the record for wanting massive tax hikes NOW. Want a bounce? the day she is deposed the market will bounce up 10%! In the meantime, you will see the market trade DOWN on votes.

The more I hear about an "obama bounce" the more I want to get out of the market. Actually, I am long and believe the market is undervalued, but the obama-mania is just too much.It's lunacy, he is bringing bad policies that will hurt the market, the economy and businesses. And if you think otherwise, just step away from the punch bowl and PUT THE KOOLAID DOWN.