Senator Reid Best Plan To Avoid US Default

Senator Reid today announced a plan to cut the deficit by $3 trillion dollars with parts of the plan already agreed by Republicans. A large proportion of savings will come from ending existing wars, however there was no scope or thoughts for any new wars which may occur. There is no doubt that this is the plan that I expect to get signed off and it will be before the deadline of August 2nd 2011. This will give a notable relief rally which in turn will be supported by seasonal factors. The upward bull market will continue, there is no doubt in my mind. Buy the market on dips to August 2nd 2011 deadline and watch your profits from the rising share prices and hold them till November, it's possible consumer consumption for this Christmas will not deliver any notable growth, this will be a certainty if oil rises.