Is A 2011-Like Plunge In Stocks Coming Next Week? [SPDR S&P 500 ETF Trust] - Seeking Alpha

Is A 2011-Like Plunge In Stocks Coming Next Week? [SPDR S&P 500 ETF Trust] - Seeking Alpha

Chris Ciovacco has written an outstanding article about the 2011 budget crisis compared to the 2013 budget wars.  He included excellent charts to prove that the stock market is discounting the current Congressional battles as nothing compared to 2011 since the economy is doing much better.  The 2013 chart that Chris presented shows an important buying trend in the S&P 500 at the 100 day average.  Also, I liked the fact that the author showed TLT, the long-term treasury bond ETF, is still in a downtrend.  This means that most investors believe the stock market holds more value for your money.