weekend thread., page-16

The next big event is the Nov 2 US mid-term election.

"It is likely too late to prevent deep Democratic losses in the midterm elections, but Obama's performance on the economy could greatly determine his own re-election hopes."


The republicans have huge control and influence in banks, media, big business, etc. (Who do you think pays for the Republican election campaign?) They do not want things to appear good in the lead up to the election.

As far as the republicans are concerned an October crash would be fantastic! Lets not rule out that they could be ramping up the market to go short on the mother of all crashes!

See here