Your invitation to the slaughter has been postponed…

Posted on Jul 31, 2011 by in Letters

The market Monday very much depends on what the news is out of Washington.  We were expecting a bloodbath, because we were depending on the politicians to totally mess up the debt limit confrontation.  Damned politicians.  Can't depend on them for anything.

They still have a chance to mess it up, of course.  But there is now no clarity as to which way to bet, so maybe best not to bet at all.

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