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An Obama victory and they were right trying to -- in the first reported -- question just put your money now it was possibly saying about the southwest tell us how it.
You know I didn't quite effective comes as we have early today I mean I think people underestimate just how many.
How much smarts or at these investment banks in this was besides.
You know the -- stuff we so people trading on an Obama victory pretty much for for months now.
But you know that analytics at the firms and that's what we were first reported Fox Business I -- -- on Monday.
The analysts at the firm were predicting a huge Electoral College any easy Electoral College victory for for Obama.
And and that in these firms like Goldman Sachs Morgan due to -- -- have -- -- up numbers crunchers and they they also predicted it would be early over over early which is.
Kind of counter to a lot of stuff that we -- at least talking about around that I got all right and it's Alec I got it right what I -- -- I just reported what you -- -- And you believe -- the comments I got on Twitter and FaceBook and things in I I'm I'm just the messenger here's -- -- And here yeah that in the pocketbook but here's the message now I mean if you look back I would say about 23 weeks -- Blair MacDonald.
Market strategist over at new edge we -- and we constructed in Obama portfolio.
Of Romney portfolio which you know the worry about right now.
And then we constructed a fiscal cliff portfolio which I think every investor has to think about now and really prepare for why is that because this was our scenario Larry and I talked about this.
-- Obama wins.
GeMS pick up seats in the senate emboldens the -- the Democrats.
The Republicans controlled house and -- and the the F Tea Party guys breathing down their throat not to compromise.
You can get -- and I believe that's what happened last I believe the Democrats that they pick up the seat -- two and in the senate Republicans held house.
Pres Obama won a fairly easy Electoral College -- it was closer in the in the sort of in the popular vote.
Right signing up all other -- we're gonna get a fiscal it is a good chance to get fiscal puts a what do you do in this and the you know.
As we said then you gotta be really defensive I don't treasury bonds -- in the markets down today obviously treasury bonds and Europe is playing a -- there.
Treasury bonds -- -- -- off today -- like to see chart of the of the ten year treasury actually built a price they're piling into treasuries today okay good.
So price chat room a lot of our Nextel one -- now here's what we said this is what we said at the time buy treasury debt.
-- I am now because there because it's a flight to safety if you think there's a fiscal cliff what else to buy.
You look for these resist recession resistant stocks like food.
Alcohol and guess what gone -- do we have a chart of Smith was or something like that gun manufacturer.
That would be really good to get up there right now because I hear the stock stocks of these gun manufactures are up.
These are so extreme cases the case these these these are what you buy in this extreme scenario I should point out that sometimes cooler heads -- prevail.
I would also point out that if you I guess we don't have a chart of of Smith Wesson or what the -- effect so -- we go.
After seeing a shower -- he's actually meant don't pretty good so is -- up today gets up today event marginally.
It's not like it's a ten dollar stock so it's up the first is more than marginally and snap.
Update at ten dollar stuck you know -- and threats from the Obama administration about gun laws for -- -- tonight we can't get -- -- and I don't think so I don't think he's gonna go there I mean I think you know you.
Why do you -- Smith & -- justice -- reason.
People think if it's Armageddon they buy guns you know on May not just by the guns and a big -- gun stocks so these are extreme scenarios I wanna point out that -- its may prevail.
But I will tell you are our prediction -- Larry I put up here was that.
Obama wins handily in the -- in the Electoral College.
-- pick up seats in the senate which is what happened Republicans controlled house.
And you have a very you know sort of ornery Republican you know conservative base which is what you have right now.
I could tell you that just -- my Twitter page which when I I wrote a column last night that said okay forget about what any palm's insane you know Dick Morris you name it.
Just look at this logically there's no way is it's very in the did very few pets that the -- Mitt Romney could win by.
And in you wouldn't believe it when I -- what I've got that he did the responses I got both Twitter and FaceBook.
So the Republican base is energized -- -- That's what you can get this.
This is possible so prepare this is one way to do a play we're seeing a dividend Payer sell off heartache because of the expected tax increase I know well about -- -- -- -- should shorten the if you really.
That they -- short it's sort of stuff but these are the stuff to these are things you you probably should -- Thanks Charlie -- --
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