The setup looks pretty promising for the short side… Are we setting up for a major double top into election season? Remember, Democrats don’t own stocks and Republicans can come up with lost lists of things to complain about during the election campaigns — a falling market helped oust Bush… Obama better hope that Bernanke can keep the peddle to the metal or his job may just be in jeopardy…
At Hedgephone we are politic and market neutral, though as a Christian, I tend to be more interested in the well being of others and the environment we all share…. Funny how the Christian Right support the same people that brought us Guantanimo Bay, Iraq, Afghanistan, etc…!
In any event, until next time remember the Golden rule and watch out for falling stocks!
