Watch The Market Tank If Obama's Elected...

124

Comments

  • Gonzo1977
    Gonzo1977 Posts: 1,696
    Obama is winning and the markets are UP!!!
  • aNiMaL
    aNiMaL Posts: 7,117
    I wonder if these doom and gloom right winged conservatives will ever come out and admit they were wrong if proven so.

    I sure would have admitted if I were wrong 8 and 4 years ago - but sadly I was right. George W Bush was a horrible president who made grave mistakes in office.
  • DixieN
    DixieN Posts: 351
    The markets aren't going to do really great overall no matter who's elected. We didn't get where we are overnight, and we won't pull out of it overnight, either. It's nice to see the markets looking up, today, though on a day when Obama is "expected" to win.
  • SpreadtheJAM
    SpreadtheJAM Posts: 344
    Obama win is already priced into the markets.
    BORGATA>VIC
  • sweet adeline
    sweet adeline Posts: 2,191
    SpreadtheJAM wrote:
    Obama win is already priced into the markets.

    true that.
  • JOEJOEJOE
    JOEJOEJOE Posts: 10,822
    saveuplife wrote:
    Is there anyone here who'd be willing to bet on this?

    Go buy some puts so that you can deduct the money you lose on your bet.
  • DriftingByTheStorm
    DriftingByTheStorm Posts: 8,684
    i'm suprised this jigga didn't bump his thread.

    DOW -293 right now.
    ;)

    Honestly we were overdue to be selling this rally.
    I heard most of the trader fellas on Smart Money last night saying that they couldn't help but get short here.

    Maybe we tag 10K once or twice before the New Year, but the 8Ks need some love too.

    :D
    If I was to smile and I held out my hand
    If I opened it now would you not understand?
  • saveuplife
    saveuplife Posts: 1,173
    BUMPITY BUMP.

    Told ya so...

    Biggest post-election decline ever... sorry I didn't get it out earlier... I'm in AZ.
  • g under p
    g under p Surfing The far side of THE Sombrero Galaxy Posts: 18,236
    saveuplife wrote:
    BUMPITY BUMP.

    Told ya so...

    Biggest post-election decline ever... sorry I didn't get it out earlier... I'm in AZ.

    You're amazing I'd like to take you with me to Las Vegas however I don't bet. :)

    Peace
    *We CAN bomb the World to pieces, but we CAN'T bomb it into PEACE*...Michael Franti

    *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)


  • kenny olav
    kenny olav Posts: 3,319
    saveuplife wrote:
    BUMPITY BUMP.

    Told ya so...

    Biggest post-election decline ever... sorry I didn't get it out earlier... I'm in AZ.


    shit, dude. i have to give it to ya. the Dow dropped 486.01. although, the way the market's been behaving lately, such a drop is not all that unusual. we'll have to keep watching...
  • aNiMaL
    aNiMaL Posts: 7,117
    saveuplife wrote:
    BUMPITY BUMP.

    Told ya so...

    Biggest post-election decline ever... sorry I didn't get it out earlier... I'm in AZ.
    Oh, I thought you meant it was going to do something worse than what has been happening the last month or so. So far, seems pretty par for the new course that was laid out about a month ago. Give me something we haven't seen recently. Yipee, biggest post election drop, as though things have been fine leading up to the election as in years past.
  • jam_head
    jam_head Posts: 125
    so the market cant decline once from Nov 4th on?.....interesting
    wake up the market is going to fluctuate
    7/1/03- DC, 7/12/03- Hershey, 9/28/04- Boston, 10/1/04- Reading, 10/3/05- Philly, 5/27/06- Camden I, 5/28/06- Camden II, 5/30/06- DC, *7/22/06- Gorge I, 7/23/06- Gorge II*, 6/20/08- Camden II, 6/22/08- DC, *6/24/08- MSG I, 6/25/08- MSG II*
  • eekamouse
    eekamouse Posts: 267
    jam_head wrote:
    so the market cant decline once from Nov 4th on?.....interesting
    wake up the market is going to fluctuate

    Thread win. gg
    Love is more important to me than faith.
  • meistereder
    meistereder Posts: 1,577
    For the love of god. The market being up on November 4 already had an Obama win predicted. The market remained volatile yesterday and today, and will continue to be volatile for some time to come. Why? Not because Obama won. Because it's back to work now on a crap economy that will continue to reveal more and more unnerving economic data for probably several months.

    I am not by any stretch an economist, but this is elementary stuff. This market is highly volatile and not even the so called experts have any idea when it will hit bottom. We may be in for another year of this kind of volatility, for all we know. The whole premise of this thread is ridiculous.
    San Diego 10/25/00, Mountain View 6/1/03, Santa Barbara 10/28/03, Northwest School 3/18/05, San Diego 7/7/06, Los Angeles 7/9/06, 7/10/06, Honolulu (U2) 12/9/06, Santa Barbara (EV) 4/10/08, Los Angeles (EV) 4/12/08, Hartford 6/27/08, Mansfield 6/28/08, VH1 Rock Honors The Who 7/12/08, Seattle 9/21/09, Universal City 9/30/09, 10/1/09, 10/6/09, 10/7/09, San Diego 10/9/09, Los Angeles (EV) 7/8/11, Santa Barbara (EV) 7/9/11, Chicago 7/19/13, San Diego 11/21/13, Los Angeles 11/23/13, 11/24/13, Oakland 11/26/13, Chicago 8/22/16, Missoula 8/13/18, Boston 9/2/18, Los Angeles 2/25/22 (EV), San Diego 5/3/22, Los Angeles 5/6/22, 5/7/22, Imola 6/25/22, Los Angeles 5/21/24, [London 6/29/24], [Boston 9/15/24]
  • Gonzo1977
    Gonzo1977 Posts: 1,696
    I guess yesterday's drop had nothing to do with:

    1) Announcment of record Job Cuts
    2) Record loss of Sales in month of October for major retail stores such as Sears, Macy's, and Wallgreens
    3) U.S. factory orders in September fell three times more than originally forecast

    But Yeah...Let's blame the 400+ point drop on Obama.

    Economics made easy.
  • puremagic
    puremagic Posts: 1,907
    saveuplife wrote:
    ...The Dow will tank this week!

    Mark my words.

    What and end that glorious up and down blowjob. Hell we paid $700 billion dollars to watch that show. Now that Obama has been elected isn't it supposed to take longer.
    SIN EATERS--We take the moral excrement we find in this equation and we bury it down deep inside of us so that the rest of our case can stay pure. That is the job. We are morally indefensible and absolutely necessary.
  • Kann
    Kann Posts: 1,146
    Gonzo1977 wrote:
    I guess yesterday's drop had nothing to do with:

    1) Announcment of record Job Cuts
    2) Record loss of Sales in month of October for major retail stores such as Sears, Macy's, and Wallgreens
    3) U.S. factory orders in September fell three times more than originally forecast

    But Yeah...Let's blame the 400+ point drop on Obama.

    Economics made easy.
    Yep, predicting a drop these weeks is like predicting it will rain during fall season. But congrats to the op, you still managed to get your prediction right.
  • SpreadtheJAM
    SpreadtheJAM Posts: 344
    Maybe some investors unloading whatever gains they had in order to avoid increases in capital gains and dividend tax with O's new tax plan?
    BORGATA>VIC
  • saveuplife
    saveuplife Posts: 1,173
    First, the drop was much more than 400 pts. It was not only the worst day after the election ever, it was also the worst week. Indexes are down 7% since election day. Coincidence? I think not. Is it all Obama? Not in my opinion. It also had to do with the Dems increasing their majority. That said, this IMHO did have to do with Obama despite the fact that his presidency may have already been somewhat priced in. Besides the jobs report (released FRIDAY!... the only day the market stablalized), there were no significant market movers released. This decline had to do with confidence in a Democratic leadership...

    Markets have spoken... the truth is people, at least here, aren't listening and continue to defend Obama like mindless sheep.

    NOTE: BTW... volatility does not mean drops. It means UPS and downs. Predicting a decline in the DOW during this time period is almost exactly as difficult as during a less volatile environment.
  • jimed14
    jimed14 Posts: 9,488
    saveuplife wrote:
    First, the drop was much more than 400 pts. It was not only the worst day after the election ever, it was also the worst week. Indexes are down 7% since election day. Coincidence? I think not. Is it all Obama? Not in my opinion. It also had to do with the Dems increasing their majority. That said, this IMHO did have to do with Obama despite the fact that his presidency may have already been somewhat priced in. Besides the jobs report (released FRIDAY!... the only day the market stablalized), there were no significant market movers released. This decline had to do with confidence in a Democratic leadership...

    Markets have spoken... the truth is people, at least here, aren't listening and continue to defend Obama like mindless sheep.

    NOTE: BTW... volatility does not mean drops. It means UPS and downs. Predicting a decline in the DOW during this time period is almost exactly as difficult as during a less volatile environment.

    Yeah, and it had nothing to do with the horrible news with retail sales ... with the automakers ... the fact the October jobs report came out and 240k jobs were lost (the number leaked on Wednesday night) ... ot the fact that unemployment hit a 14 year high ...

    Get real.
    "You're one of the few Red Sox fans I don't mind." - Newch91

    "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

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