$AAPL is very weak..
Well we had all these arguments back before the law was passed. For one, this law isn't socialist. The "waiting in line" theme used by the right is pretty weak, and morally questionable. From my personal experience in Canada, healthcare is fast and super affordable - must faster than in the US, though my personal experience doesn't count as a statistic. I would love to see a socialized medical solution for the US, but doubt we will have anything like that for some time. I believe everyone deserves to live healthy, regardless of income or poverty.
Have to say that UK healthcare makes Canada looks a bit 3rd world so we have topped up with health insurance. If any of us (my family) get seriously ill - hope not) then we will return to UK for treatment.
Canada health care is not 100% and you do have to pay for some things. We were shocked when we found that we have to pay for dental work especially.
Lets take this healthcare discussion to enickma's thread in the politcs section: http://www.hotstockmarket.com/t/234871/affordable-care-act-upheld
Here !....Here !
But at least it confirmed one thing for me.
Namely the primarily republican bent of this board.
The relative underperformance in the NQ along with defensive (ie: utilities) sectors holding their ground on a relative scale makes me think that run off the intra-day bottom was just noise, looking for a re-test of that 07.75 area on the ES -- internals holding pretty flat here, holding a short ES position @ 13.25 and the SPY bear call spread 134/135 from .27 yesterday now at .05. I don't see downside really accelerating until we break some bigger levels (1297 ES in particular).
Taking short off here +4, still think we revisit 7.75, but going to schedule intraday haircut.