patvv, it will be 5 weeks before the new government is signed in.
There is talk from both sides that Financial Cliff discussion, re-negotition, will be deferred for 6 months. No one wants the US sent back into recessions due to savage, ill conceived budget cuts. The dispute is how they go about making the budget cuts more sympathetically with the US economy in mind.
In short, SP may pull back on a false start to these discussions, then time will be called and all will revert back to what it was, yes a brief trading opportunity, nothing to concern a long term investor.
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