Watch The Market Tank If Obama's Elected...
saveuplife
Posts: 1,173
...The Dow will tank this week!
Mark my words.
Mark my words.
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Foriegn investers are watching this election very closely and will be more than happy with an Obama nomination.
Besides...It will signal the end of the horrific Bush Administration.
Markets will spike.
Peace
*MUSIC IS the expression of EMOTION.....and that POLITICS IS merely the DECOY of PERCEPTION*
.....song_Music & Politics....Michael Franti
*The scientists of today think deeply instead of clearly. One must be sane to think clearly, but one can think deeply and be quite INSANE*....Nikola Tesla(a man who shaped our world of electricity with his futuristic inventions)
I guess it's safe to say that the white flag of surrender is waving high and the elephant has taken a shit and died.
That's why markets will tank.
I don't doubt it, the greedy are scared of being held accountable.
Stop by:
http://www.facebook.com/group.php?gid=14678777351&ref=mf
- 8/28/98
- 9/2/00
- 4/28/03, 5/3/03, 7/3/03, 7/5/03, 7/6/03, 7/9/03, 7/11/03, 7/12/03, 7/14/03
- 9/28/04, 9/29/04, 10/1/04, 10/2/04
- 9/11/05, 9/12/05, 9/13/05, 9/30/05, 10/1/05, 10/3/05
- 5/12/06, 5/13/06, 5/27/06, 5/28/06, 5/30/06, 6/1/06, 6/3/06, 6/23/06, 7/22/06, 7/23/06, 12/2/06, 12/9/06
- 8/2/07, 8/5/07
- 6/19/08, 6/20/08, 6/22/08, 6/24/08, 6/25/08, 6/27/08, 6/28/08, 6/30/08, 7/1/08
- 8/23/09, 8/24/09, 9/21/09, 9/22/09, 10/27/09, 10/28/09, 10/30/09, 10/31/09
- 5/15/10, 5/17/10, 5/18/10, 5/20/10, 5/21/10, 10/23/10, 10/24/10
- 9/11/11, 9/12/11
- 10/18/13, 10/21/13, 10/22/13, 11/30/13, 12/4/13
Well, I'm talking short term.... actually very short term.
You are right about long term. The market will alwys recover.
hhaa haa.
investors=greedy.... should've been an Obama slogan.
are you talking about the same dow that's been in the tank for several weeks....?
ok, Miss Cleo...:rolleyes:
http://www.youtube.com/watch?v=c3ABE3wvxzA
I've also heard the sun will Rise and Set on 11/5/08 if Obama wins...
can't wait to go bargain hunting then .... is there a purpose for this post?
"I don't believe in damn curses. Wake up the damn Bambino and have me face him. Maybe I'll drill him in the ass." --- Pedro Martinez
Verona??? it's all surmountable
Dublin 23.08.06 "The beauty of Ireland, right there!"
Wembley? We all believe!
Copenhagen?? your light made us stars
Chicago 07? And love
What a different life
Had I not found this love with you
Rephrase...
the white flag of surrender is waving high and your 401K has taken a shit and, now that Obama's elected, will die. Go Lawyers!
yes ... it's part of the GOP playbook he's been running for the last month or so ...
yes, the market's going to tank this week.
Verona??? it's all surmountable
Dublin 23.08.06 "The beauty of Ireland, right there!"
Wembley? We all believe!
Copenhagen?? your light made us stars
Chicago 07? And love
What a different life
Had I not found this love with you
I'm talking about the one that is sitting at roughly 9350 right now and will be much much lower over the course of the next few days.... if Obama wins, which will most likely happen. Watch.
you mean as opposed to how well it's doing so far? :rolleyes:
"Obama's main opponent in this election on November 4th (was) not John McCain, it (was) ignorance."~Michael Moore
"i'm feeling kinda righteous right now. with my badass motherfuckin' ukulele!"
~ed, 8/7
The ideal is for a Dem president to raise capital gains causing the market to go down so you can buy stocks cheap and then wait it out for a Rep president to take office so capital gains are lowered and then you can sell off your gains at max profit.
- 8/28/98
- 9/2/00
- 4/28/03, 5/3/03, 7/3/03, 7/5/03, 7/6/03, 7/9/03, 7/11/03, 7/12/03, 7/14/03
- 9/28/04, 9/29/04, 10/1/04, 10/2/04
- 9/11/05, 9/12/05, 9/13/05, 9/30/05, 10/1/05, 10/3/05
- 5/12/06, 5/13/06, 5/27/06, 5/28/06, 5/30/06, 6/1/06, 6/3/06, 6/23/06, 7/22/06, 7/23/06, 12/2/06, 12/9/06
- 8/2/07, 8/5/07
- 6/19/08, 6/20/08, 6/22/08, 6/24/08, 6/25/08, 6/27/08, 6/28/08, 6/30/08, 7/1/08
- 8/23/09, 8/24/09, 9/21/09, 9/22/09, 10/27/09, 10/28/09, 10/30/09, 10/31/09
- 5/15/10, 5/17/10, 5/18/10, 5/20/10, 5/21/10, 10/23/10, 10/24/10
- 9/11/11, 9/12/11
- 10/18/13, 10/21/13, 10/22/13, 11/30/13, 12/4/13
We'll do worse.... that's the point. Markets don't want him in and will show it.
You may ask, "why don't they want him in? He's such a great speaker."
Answer: Because of his policy proposals.... He wants to increase taxes on corporations and a large share of investors. That's why markets will tank. It's very obvious.
Wall Street expected to recover from plunge in 2009 no matter who's elected president
By MADLEN READ , Associated Press
Last update: November 2, 2008 - 4:06 PM
NEW YORK - Wall Street prefers Republicans, McCain supporters argue. But stocks have done better under Democratic presidents, Obama supporters fire back.
When it comes to the stock market — especially this turbulent market — does it really matter who is elected president?
Yes and no. Politicians do influence the economy — and they'll play a big role in how the country emerges from this current crisis. But analysts say neither presidential candidate can be a cure for what's ailing Wall Street.
"The economy is a big, big machine, and the president is one government bureaucrat," said Ron Florance, Wells Fargo Private Bank Director of Asset Allocation.
Moreover, most analysts believe the battered stock market has nowhere to go but up next year, no matter who ends up in the White House — and history will probably give the victor credit even if he actually had little to do with the rally.
"The timing couldn't be better," Florance said.
Still, the stock market is just one part of the economy, and under either Barack Obama or John McCain, the United States needs to recover from a downturn whose severity has not yet been determined. And either candidate will face a budget deficit of around $500 billion when he's sworn into office — a shortfall expected to climb to $1 trillion next year.
Because of the deficit, the financial climate might end up affecting the new president's policies more than his policies will affect the financial climate.
"This whole financial crisis will largely serve as an agenda buster for at least the first year," said John Lynch, chief market analyst at Evergreen Investments.
That's not to say, of course, there aren't differences in the impact McCain or Obama would have on U.S. businesses, and in turn, their stocks. Robert Froehlich, an investment strategist at Deutsche Bank, said it's likely that under Obama, the alternative energy sector would do well, and possibly the paper and steel industries if he enforces trade treaties. And under McCain, Froehlich said, it's likely that big energy companies would do better because he does not support a windfall profits tax, and that financial companies could benefit because of his stance on dividend taxes, long-term capital gains taxes, and estate taxes.
"Don't expect the next president to say, 'I'm strapped with this economic crisis, I'm going to throw all my plans away,'" Froehlich said.
There are historical trends one can draw between presidents and how the stock market performs. The question is how seriously to take them.
The Dow Jones industrial average and the broader Standard & Poor's 500 index have posted larger returns during the terms of Democratic presidents. But this statistic doesn't prove that Democratic policies boost the stock market — the major indexes have also done better under a Republican Congress than a Democratic Congress.
Another pattern to take note of is the stock market's apparent four-year cycle, described by market historian Yale Hirsch in his Presidential Election Cycle Theory. The theory says the stock market does well in a presidential election year, badly in the year after the election and then improves until the next presidential election. This pattern has held up for most of the century, although it's being tested by the two terms of President George W. Bush.
However, the monetary policy of the Federal Reserve, rather than the influence of the president, can explain this pattern better, according to a 2007 study by CFA Institute Education managing director Robert Johnson, University of Wisconsin professor Scott Beyer and Northern Illinois University professor Gerald Jensen. Their study found that the Fed has tended to lower interest rates during the latter half of presidential terms — and lower interest rates encourage borrowing and spending.
At the end of the day, using the returns under previous presidents to predict the market's performance under another president gets to be like reading tea leaves. You'd probably do just as well basing your investments on next year's Super Bowl — Wall Street's infamous "Super Bowl Indicator" postulates that a victory by a team that was part of the original National Football League, before it merged with the American Football League in 1970, will result in better gains for the stock market. It's actually been right most of the time.
The lesson, of course, isn't to base investment choices on a football game. (Anyone who rushed to buy stocks after the New York Giants' win in 2008 probably got pretty burned). Rather, the point is that correlation isn't the same as causation.
And investors shouldn't get too caught up in the market's short-term reaction after the election results. The Dow surged, for example, after President Hoover was elected in 1928 — and the next year the it crashed, ushering in the Great Depression.
agreed.
i think an obama win will have positive ripples, both short and long term.
i think am mccain win will have abysmal results.
i am soooo looking forward to just KNOWING!
yay for wednesday!
Let's just breathe...
I am myself like you somehow
Our government is the potent, the omnipresent teacher. For good or for ill, it teaches the whole people by its example. Crime is contagious. If the government becomes a law-breaker, it breeds contempt for law; it invites every man to become a law unto himself; it invites anarchy. - Louis Brandeis
define "tank"
"I don't believe in damn curses. Wake up the damn Bambino and have me face him. Maybe I'll drill him in the ass." --- Pedro Martinez
Yep. We may already even be there. That's not the point of the thread though.
Will be atleast 3% lower by week's end or, perhaps, even the following day.
bullshit. maybe the wealthy bastards who made billions off of fucking over the average american don't want him, but i say, screw them. new game.
the people of the world think he'd be a better leader than mccain:
http://www.rd.com/your-america-inspiring-people-and-stories/global-poll-how-the-world-sees-the-2008-election/article102257.html
"Obama's main opponent in this election on November 4th (was) not John McCain, it (was) ignorance."~Michael Moore
"i'm feeling kinda righteous right now. with my badass motherfuckin' ukulele!"
~ed, 8/7
3% of 9300 is 280 points ... that is HARDLY a "tank" ... I thought you were going to say it would drop below 8,000.
the dow has swung that many points SEVERAL times in the past month based on news ...
there are SO many other factors that could go into a swing like that ... so many announced indicators like jobs or housing numbers, interst rate adjustments or global facotrs ...
while prior to September, that may have been a "tank", with the high volatility right now, that's almost seen a noise in a short term market.
"I don't believe in damn curses. Wake up the damn Bambino and have me face him. Maybe I'll drill him in the ass." --- Pedro Martinez
Correction my friend.
My 401K has been in the shitter for quite sometime now. Unfortunately it wasn't until this shit economy plopped in front John McCain's wingtip shoes that he decided that perhaps "The Fundementals of the Economy" weren't as strong as he and his boy Bush originally thought.
Name me 1 (Just 1) difference between the McCain and Bush tax plan.
Bet you can't.