A. How much hype are we going to get? ...
"The Sovereign debt funds the
latest to be in jeopardy." Blah,
Blah, Blah … A new Boggy Woggy for the
bears. IMHO, the talking heads are
going to have a field day EVEN IF a
short term debt solution is worked out.
So, while I certainly don't KNOW, the
risk to reward is with the bears. I plan
to cash out my longs early in the
session. Hoping to catch the market
makers asleep with all that turkey.
Sometimes it isn’t stupid to panic
lite.
Also, if debt is called, it is often
denominated in dollars that can lead to
a short term rise in the dollar’s
value, i.e., a physical shortage of the
paper, 2T dollars out there about 50T in
dollar denominated debt.
But, man, would I like to hear other
thoughts. Certainly is interesting how
this was timed. What BS!

A. The only one I own : SLX,
too hard pick a winner out all of them