daytrading july 29 morning, page-79

Barnsty, agree US politicians have no real grip on what is going on in the real world, you would have thought they learnt their lesson when they voted down the second rescue package during the GFC and the DJIA dropped 700pts in seconds.

the real concern is the market has not priced in a default occuring, everyone is just expecting a deal to be done over the weekend and then everything will be back to normal, the only problem is the US Congress have a history of sticking their heads in the sand until things go past crisis point and they only react once the damage is done.