The "tax cut"

[mercuryblues]

I find it interesting that the stock market losses are coinciding with corporate stock buy backs.

People are panicing and selling, corporations are right there to buy back their stock at a discounted price. How convienent for them.

[unblock]

1. I didnt time the drop perfectly, but I did figure quite a while ago

That there would be a big drop after the tax cut finally passed. Some of the stock market rise was of course just extending the obama bull market, but the extra exuberance was clearly in anticipation of a tax cut.

Once it actually happened, there was nothing left to pump it up. Donnie has nothing of interest to Wall Street on the agenda now.

Unfortunately I got largely out immediately after it passed, and missed a good January.

[sinkingfeeling]

2. It's a nice way for them to use their tax cuts.

[Wellstone ruled]

3. That might be a side effect of these crashes.

What seems to be the cause is what is happening in Chicago with the Futures Market. Watch the VIX,looks like a Certain Hedge Fund is cleaning up by shorting the heck out of Options. We are going to see these Crashes for some time to come until the Biggee's clean up their Positions.