Gratuitous Spasms Ahead

Australian stocks have spasmed higher on news that a fiscal-cliff deal has been struck.  DaBoyz are bound to leverage this with a short-squeeze of their own when U.S. markets open Wednesday morning.  Although I expect stocks to head significantly lower in January after the meaninglessness of the deal becomes more widely acknowledged, there’s little point in our attempting to out-guess the headless chickens who will be mixing it up this morning.  I may put out a speculative trade intraday nonetheless if it looks like we can do so with relatively little risk, so stay tuned to the chat room and to ‘E-Mail Notifications’ if you’re game.