To: Rufus2007
He is wrong on this. The Market has already factored in that it will pass. Betting on Wall Street right now is 80% think it will pass. Insurance stocks will rise.
To: Old Retired Army Guy
"Insurance stocks will rise." MAO-bama-Care will eliminate insurance companies.
Joe Biden: "You know we're going to control the insurance companies."
6 posted on
03/19/2010 5:40:19 AM PDT by
newfreep
(Palin/DeMint 2012 - Bolton: Secy of State)
To: Old Retired Army Guy
You need to help me with this. Why would this make insurance (health, I presume) stocks rise? I would assume there would be a massive sell off before the company went out of business.
7 posted on
03/19/2010 5:40:36 AM PDT by
Aevery_Freeman
(Don't just pick between Bull Sh*t and Horse Sh*t, clean out the stable!)
To: Old Retired Army Guy
He is wrong on this.Just on this? Listening to Cramer is like taking advice from the Devil on how to stay out of hell.
31 posted on
03/19/2010 6:16:07 AM PDT by
MeneMeneTekelUpharsin
(Freedom is the freedom to discipline yourself so others don't have to do it for you.)
To: Old Retired Army Guy
He is wrong on this. The Market has already factored in that it will pass.
Yes but I doubt they factored in the nearly 4% tax on unearned income that was added at the 11th hour to get the CBO score down.
To: Old Retired Army Guy
He is wrong on thisCorrect! And what will happen is this, when the market DOESN'T immediately tank, they will take his comments as proof that we were wrong about HCR.
Hyperbole can lose us the war..
34 posted on
03/19/2010 6:50:11 AM PDT by
Paradox
(The Party of Know.)
To: Old Retired Army Guy
My portfolio dropped like a stone today: -1 +%. Only thing that hasn’t gone ‘red’ is large cap blue chips.
Maybe the algos are sending a signal?
36 posted on
03/19/2010 8:38:18 AM PDT by
FreeStateYank
(I want my country and constitution back, now!)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson