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Something will get passed. As dumb as DC is to dangle the economy over a fire, the little sense they have will pull it back before it gets burned. I'm getting long

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am on board with bchadwick's suggestion re: collars

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Just did a refresh perusal of "Margin of Safety" and reminded myself that sometimes the best investment decision is to do nothing and stand on the sidelines with your cash in your pockets (and enjoy the ride if you own Swiss francs)

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Oh Dwight, the risks are so much to the downside right now. There may be a pop on an 11th hour agreement, but you should sell right thereafter.

Whatever you do, limit your downside. A collar is appropriate here.

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I'm buying today. A lot.

Hopefully don't lose my shirt.

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Happy I got out yesterday. I basically did my scenario analysis and came to the conclusion that all scenarios are bad for stocks, and there is no way the market is panicked enough to have already discounted it.

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Yes.

The repubs can't even support a repub bill that the democrats don't even like. this worries me much more than yesterday...

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It obviously is cracking.

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