FLASH!  Supreme Court Health Care Decision Imminent

This is a big one.  The market has been watching this for a long time.  It will affect a lot of people and it will happen any minute…

A lot of people think that part or all of the law will be overturned.  Lots of players have big positions.  Many more are ready to execute their trades.  The decision will make a splash.  It could go one way or the other…

So what do we do?  Myself, I am just watching.  Could be a non event.  Then again if the result is unexpected lots of players will reposition.

Should we play the “Game of Random Predictions” that they make you play on TV?  You know the one, where they ask all the experts they interview to predict the future and when the future comes, the lucky guy with the best guess gets invited back to try again.

I will play that game once in a while.  We are here to learn and have fun.  But for now, I have to get back to my day job.  So just assume I guessed and got it wrong…  😉

So watch this event.  See how the market trades when it hits.  Then keep watching.  In a few days, how much will things be changed as a result of this?  There will be an affect to be sure but it will fade.  How much and how fast?  You always have to ask…

When we move on the new new thing, how much can you attribute to this event and how much to the next thing or the next or the next…

This may cause a big splash today but don’t get fixated on this one thing.  There are many cross currents out there.  Don’t forget the tides and waves…  Remember the EuroCrisis?  That will be next.  Again…  Unless it is something different.  Be ready for it!