The market took a day to "trigger" off Bernanke, but did just that. Bernanke said "it's not over, kids, and it might get worse" in legalese, and it took a day to hit, but this was the trigger that had the market down 230 points by 1.15 pm
For those of you that bought the put the day prior at 4.00 or less and didn't sell out, you could have sold to $10.00 by 1.17pm!! We took no new entry to the call, as futures were quite obviously down.
So far we've had three profitable trades of three this week but hold a call that may turn around with the market, or may be our first loss in several weeks. We'll hold til Friday. ____________________
Would you be willing to give up your Social Security and Medicare benefits, that you get or will be getting (assuming solvency) to lower taxes?
Would you be willing to give up our Social Security and Medicare benefits, get a full return for your investments in the funding of this (but companies would not) to cover the cost of the administration, and have no rights to any Social Security or Medicare benefits, or new programs created in the future?
Would you like to stop "public education" and make the funding and development of schools done by those attending, thusly funding their own, following defined obligations?
I would like your thoughts on these questions. I would also like to know how Rush Limbaugh would answer?
These actually are very important questions.
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