RE:Dump now and get out before the crash Keith, can you tell me how many times the US has defaulted in the past? Also, how many times before the ceiling was raised is there a huge period of crisis, fear-mongering and hyper-mediatization as both parties try to jostle to be the one that comes up with the ideal compromise that puts them as 'winners' in the negotiations?
The answer to your first question is never, though it came close before. The answer to your 2nd question is almost always. Quite the reverse, it is highly likely, though we can never have 100% guarantee, that a deal will be reached. It's not in the interest of either party to be the one that was held responsible for defaulting. They'd completely fall out of grace during the next election cycle. When the deal happens, it is also highly likely that it will cause the markets to ease up and rise.
At worse this is a 'Hold' situation. But if you're feeling frisky, you might even want to add to your position. I'm not a day trader, but I'd bet money that most day traders are anticipating this and buying right now. You don't have to get on the band wagon, but for the love of money, please try to understand how the market works before you post alarmist BS that just proves my point? Heck, for the fun of it, put like 2k$ as soon as you can, chump change, before a deal is reached, try to get 1.50$ CAD for it, and then as soon as your trade goes in, put a sell, say at 1.60$ - 1.70$ for 15 days. It could be an easy 100-200$ for you, fun money, just to prove that you can make money with BITF.
I assure you, your problem isn't BITF, its leadership, its profitability. Your problem is you don't understand what you're doing. Once you do, once you start making money by understanding things better, you'll stop complaining and posting ridiculous things. I really am trying to help you, you know.
JCISTOTC
B.