TSX:TECK.A - Post by User
Comment by
ellgaron Jul 28, 2011 8:38pm
397 Views
Post# 18885503
RE: RE: The big gamble...
RE: RE: The big gamble...Good post...the dept ceiling has been raised 74 times in the last 50 years ...not that it's a good thing but there is a better than good chance it will get resolved in time (I also heard the real deadline is mid Aug but will it matter if it's not solved by the 2nd)
This could play into one of the biggest buy ops since 2008 ... not that TCK will see $3.50 again LOL!! but many solid companies are getting hammered and if the deal is set this weekend stocks could rally till reality kicks back in (I'd give it 2.5 days of euphoria and then tighten stops...IMHO.