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Of decline. It caused the averages to slightly rebound. The dow closing up 46 points, pretty impressive. Call me cynical, but i think we need to be careful about getting too excited about any near term resolution. How many times during the debt ceiling debacle, remember that . Did our leaders insist they could hammer out a deal. Even a huge grand bargain to fix the deficit only to have the negotiations unravel. Until we get a resolution, the fiscal cliff will be the most important issue out there. Tonight as part of my game plan, im going to give the historical prism as long as the cliff is hanging over our heads. As a gristled veteran of the markets, i searched my memory for the perfect analog for this moment and found it in something that happened more than 20 years ago before i give you the investing framework for the next six weeks, lets go over the more time sensitive stuff and game plan for next week. Shortened week because of the holiday. First off on monday morning we hear from ....
Points. The nasdaq declined. 77 largely because of apple, more on that later. Now, i am not dismissive of the negativity that see pretty much everywhere. Weve got a couple of real solid reasons to feel totally downbeat. First, i cant believe were still focusing on this washington thing. For five years weve had to keep one eye on washington, one eye on wall street. I remember whole tenyear stretches i didnt care what was happening down there. At the moment, we can barely focus on anything but washington. The whole u. S. Economy, your entire portfolio is hostage to two warring parties, demonstrating a level of partisanship thats been empirically measured to being the worst since 1860, the origins of the civil war. Lets hope it doesnt take out that particular benchmark. Were witnessing a titanic struggle between those who are willing to rise above politics, and compromise to cut spending and increase taxes. Yes, thats the actual compromise radical middle position as dave cote from honeywe ....
receivers coach trooper taylor loving his guys work. a school record. five rushing touchdowns, 131 yards, 35-21. noel devine and his west virginia team leading auburn by one, 21-20. some speed there too. some speed there. this one delayed due to weather. but a second half coming up in just a bit. in 25 years, global energy consumption will increase by 50%. to meet demand, we ll need to harness the power of sun. wind. waves. and atoms. but that s not enough. today, we need oil. which means before we drill for oil, we drill for data. we can create 3d models of hidden reserves. find new oil in old wells. extend the life of a field. reduce the need for new drilling. smarter resources. to fuel the smarter planet. that s what i m working on. i m an ibmer. let s build a smarter planet. to run through the ballcarrier and miss him. mark: brown pushed out of bounds. you are know, what, he played on coach huggins basketball team. seems to use the pump fake pretty good. b ....