I would Like to see what happens next week before deciding, but, so far, price action has been encouraging. Republicans seem to be getting over their shock and disbelief after the election results the week before. Those who sold in May should consider getting back in if they haven't already. Those who ranted, raved, and railed against selling in May were wrong again this time around.
For months some people (mostly Republicans) have been screaming that we must do something about the expiration of the Bush Tax Cuts before the end of the year "or else." As I have explained in a previous blog, this is just political posturing and propaganda. [more]