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Old 12-30-2012, 05:37 PM   #21
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I doubt we'll hit my rebalance bands, yet. When or if we do I'll be ready. 45/40/15 cash
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Old 12-30-2012, 06:06 PM   #22
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Apparently, the OP miscommunicated futures:
U.S. Stock Futures Rise as Congress Works Toward Deal - Bloomberg
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Old 12-30-2012, 07:01 PM   #23
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with 5%pt bands..

Ahhh... the eternal Boomer question... Beatles or Beach Boys
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Old 12-30-2012, 07:54 PM   #24
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Apparently, the OP miscommunicated futures:
U.S. Stock Futures Rise as Congress Works Toward Deal - Bloomberg
Hey, give him a break, the world looked a lot bleaker eight hours ago...

In the next eight hours you'll both be right again at least once each.
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Old 12-30-2012, 10:14 PM   #25
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I suppose anything can happen tomorrow because it will be a thinly traded and shortened trading day, but apparently the late word tonight is the fiscal cliff resolution talk is again stuck at another impasse in the senate.
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Old 12-30-2012, 11:09 PM   #26
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Well, they have another round to go at 11 am tomorrow. If they blow that I am sure Mr. Market will have his say.
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Old 12-31-2012, 07:15 AM   #27
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I took a small bite last Friday after 6 straight days of market decline. .
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Old 12-31-2012, 09:04 AM   #28
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I suppose anything can happen tomorrow because it will be a thinly traded and shortened trading day, but apparently the late word tonight is the fiscal cliff resolution talk is again stuck at another impasse in the senate.
It is not a shortened trading day, so you can react to news all the way up to 4 pm Eastern.
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Old 12-31-2012, 09:08 AM   #29
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It is not a shortened trading day, so you can react to news all the way up to 4 pm Eastern.
I got a note from my brokerage that said the market closes at 2 pm. I looked again, it is the bond market. You are right, the stock market goes to 4 pm.
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Old 12-31-2012, 10:48 AM   #30
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This also lists early closing days:
Stock Market Holidays - Calendar of Stock Market Holidays for 2012 and 2013
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Old 12-31-2012, 11:56 AM   #31
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This is funny to watch. The markets are now "popping" off their low because the POTUS is supposed say something about the "cliff" @ 1:30PM
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Old 12-31-2012, 12:53 PM   #32
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Rumored details of the fiscal cliff resolution agreed on :

Tax hike threshold: 400k/y for individual and 450k/y for family
Estate Tax exemption still at 5 millions but rate above 5 millions increased to 40% from 35%
Extend unemployment insurance benefits
Deal for 1 year.

On to a vote?

Next up: Debt ceiling fight.
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Old 12-31-2012, 04:59 PM   #33
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no vote tonight is the latest - at least in the House.
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