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TOPIC: US Dept Ceiling Approaching

US Dept Ceiling Approaching 07 Oct 2013 11:13 #1

annes goal OFFLINE Junior Boarder Posts: 183 Thank you received: 256 Karma: 12	Ugh!! Does that have the same effect on you as it does on me - I feel quite unwell - just look at those numbers! All in the space of a month! I think I might just sell up and sit quietly on the sidelines for a day or two (read week, month??) until they get themselves sorted out and some level of normality can return to the markets....... Horrid!!
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US Dept Ceiling Approaching 07 Oct 2013 11:03 #2

Libero OFFLINE Senior Poster Posts: 598 Thank you received: 1334 Karma: 29	Hi Remo, Can I just add a table (source: ZeroHedge / US Govt) that puts some of the key dates related to the Debt Ceiling into place: Interesting times ahead that's for sure!
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US Dept Ceiling Approaching 07 Oct 2013 10:17 #3

remo
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This week may become a bit unstable due to this.
So traders should be extra careful this week and next as if the US dont get this right. This is going to make the markets move crazy so trading long or short during this will add extra risk. Smart thing maybe to just sit on the side line waiting for this to pass.If the dept ceiling is not raised i suspect the markets will correct hard