It seems that republican may win tomorrow's senator election in Mass. The market may rally on that news because it will stall health care and financial industry reforms. However, it may also indicates that the second stimulus is dead. Since the market is so obsessed with government stimulus, it may not be a good news in short term. Personally, I am indifferent. one way or the other, the health care costs are going through the roof.
Closing value
Portfolio 1 (U$): 111237
Portfolio 2: (C$): 80901
Monday, January 18, 2010
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