RE:RE:Debt CeilingYes, pretty good odds I'd say.
I have a lot in play that they will get it done one way or another.
Check out the massive sell volumes today on the US side of Canadian energy names, while on the Canadian TSX side, volumes are low. It is a risk off day on the US side for sure.
CVE, CNQ, IMO, SU...
marketsense wrote: Migraine, I hope you are right about a Sunday agreement over the debt ceiling. They
could just squeak under the wire allowing for the 72 hrs.
If it doesn't happen, the leadership of both parties will go down in infamy. Sadly
though, the ultimate price will rain down on everyone's heads. Again I hope you're
right about an 11th hr agreement. I'm betting they will also but at the same time I
hedged a little bit just in case.
I lightened up a few weeks ago on some of my oil positions but still have a lot in play.
There has to be one hell uv a rebound coming if they sign a deal before they run out of time.