Well well well. What can I say? You win. If that's the way we resolve issues in the system, then I guess we will be seeing a lot of these deals going forward. Okay, I know if nothing was done, it would have been terrible for the people. I get all that, no worries, I understand.
So the SPY literally shot up to the heavens after the news that the fiscal cliff is resolved through some manner of great policy tweaking. So the huge candlestick showing how the SPY literally leaped upwards to close at $146.06, up $3.65, an amazing movement after having more up strongly on Monday. I guess no one saw that coming.
So it looks like everything is still on track for a major bull-run, albeit, with purposeful government tweaking. So the big question on the minds of every trader. Should I take a chance this week and sell a trade? Well, to be honest, it's a little scary especially with which the way the price has shot up erratically already. Perhaps when things are more settled, we will begin to find our opportunities.
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