My Gut Says a Deal Will Hit Soon

The market is still hopeful for the fiscal-cliff deal, but it is getting a little nervous as the clock ticks down. The indices will likely hold up well for another day or so, as the consensus is that a deal will happen – but the timing of it may trip up the market, which has built up such high expectations. So if we don't have something pretty solid by Friday, I'm looking for the selling to pick up.

This seemingly endless negotiation is making trading very unstable. Traders want to make sure they maintain long exposure in the event of a deal, but are worried about being caught in a selloff if things are delayed or fall apart....89 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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