imagine that - obama wins, markets go down

**Babaganoosh** · 11-05-2008, 07:54 AM

Why would the mere act of electing a new president change anything?

**thehand** · 11-05-2008, 07:56 AM

Originally posted by freewebhookup

who would have ever guessed. dow, oil, gold, dollar. all down

really? good, I have to cash a foreign check & fill up my tank today.

**freewebhookup** · 11-05-2008, 07:59 AM

There are a lot of first time voters that are counting on the magic of Obama. He is going to solve america's problems by just them electing him

**GatorB** · 11-05-2008, 08:02 AM

Originally posted by freewebhookup

who would have ever guessed. dow, oil, gold, dollar. all down

you=retard. Yesterday all the markets ASSUMED Obama was going to win yesterday anyways and the markets were up 300 points. The market is in a state of flux and if you don't get that then please stay out of it because you are too stupid to be in the market.

**marketsmart** · 11-05-2008, 08:02 AM

children shouldn't talk about things they don't understand...

everything can be found here: http://bloomberg.com/

anyone who thought electing a president was going to fix the economy and markets overnight, doesn't really understand the markets or the economy..

**SomeCreep** · 11-05-2008, 08:03 AM

It's called profit taking. The market has rallied huge in the past couple of weeks.

**freewebhookup** · 11-05-2008, 08:03 AM

asian markets were up big also yesterday. they called obama the winner and they gave almost everything back.

I do understand the market.

I am more mocking the people that are dancing in the street thinking that the savior has come.

**Forest** · 11-05-2008, 08:04 AM

Originally posted by SomeCreep

It's called profit taking. The market has rallied huge in the past couple of weeks.

EXACTLY!!!

even I sold this morning after yesterdays and last weeks run up and it had ZERO to do with Obama being elected

But I do love to laugh at the "sky is falling" mentality of gfy

**cykoe6** · 11-05-2008, 08:04 AM

It is a natural reaction to the coming increase in the capital gains tax.

**freewebhookup** · 11-05-2008, 08:05 AM

gezz, they really need an option to quote your post ""SARCASTIC"" so people don't freak out

**marketsmart** · 11-05-2008, 08:08 AM

Originally posted by freewebhookup

asian markets were up big also yesterday. they called obama the winner and they gave almost everything back.

I do understand the market.

I am more mocking the people that are dancing in the street thinking that the savior has come.

fair enough...

reality is that the economy wont be fixed in 1 year or maybe not even 4 years..

**Furious_Male** · 11-05-2008, 08:22 AM

The markets trading in a range and will continue to do so with limited upside for a while. I am expecting it to sell off to the lower range through the end of the week. The jobs report on Friday will be ugly.

**Kudles** · 11-05-2008, 08:24 AM

Thats because he's so fucking cool!!!!

**FabianC** · 11-05-2008, 08:31 AM

Originally posted by Furious_Male

The jobs report on Friday will be ugly.

ADP reported Private Employment Down 157k in Oct ... Economists expected a decline of 80k ... so multiple factors other than Obama winning.

Thread started is just another hater who is pissed their vote went the wrong way

**seeric** · 11-05-2008, 08:32 AM

thats typical and on par for an election. look back in history.

**dready** · 11-05-2008, 08:35 AM

Don't they go down everyday lately anyway?

**SuckOnThis** · 11-05-2008, 09:56 AM

Originally posted by freewebhookup

who would have ever guessed. dow, oil, gold, dollar. all down

What does the dow, oil, and gold have to do with each other? Absolutely nothing. Gold dropping in price is actually one of the first signs of confidence in world markets, so I don't understand what kind of shit you're trying to spew.

**DaddyHalbucks** · 11-05-2008, 10:53 AM

Day to day fluctuations are not worth much scrutiny or analysis. I worry about the long term.

**qxm** · 11-05-2008, 10:56 AM

....this thread makes my balls itch.....

**SweetT** · 11-05-2008, 11:00 AM

http://bespokeinvest.typepad.com/bes...eady-over.html

**notime** · 11-05-2008, 11:18 AM

what goes down, must go up !
give it some time....
At these prices..the only way IS up

**crockett** · 11-05-2008, 11:33 AM

The market always does that kind of thing.. It did the same thing at the bail out.. It kept climbing on the assumption of the bailout, then soon as the bail out came through the market tanked.

Simple fact the price was built in already and people took their profits. Same thing happens on any big news for any specific stock.

**AlienQ - BANNED FOR LIFE** · 11-05-2008, 11:52 AM

THe rich fucks are divesting because they know shits gonna come to roost.

**pornguy** · 11-05-2008, 12:01 PM

Originally posted by marketsmart

children shouldn't talk about things they don't understand...

everything can be found here: http://bloomberg.com/

anyone who thought electing a president was going to fix the economy and markets overnight, doesn't really understand the markets or the economy..

Agreed. there was a bit of a jump but thats all it was.

Once he is sworn in, some people may feel better and make some more investments but that will be another short lived jump.

**SpeakEasy** · 11-05-2008, 12:02 PM

Originally posted by freewebhookup

who would have ever guessed. dow, oil, gold, dollar. all down

I could spend hours here ripping you apart but it's eaiser to just call you a Retard.

OK nowe I can go back to making money.

**cykoe6** · 11-05-2008, 01:45 PM

Originally posted by AlienQ

THe rich fucks are divesting because they know shits gonna come to roost.

That is correct.

**BOSS1** · 11-05-2008, 01:58 PM

the dollar got stronger

imagine that - obama wins, markets go down

imagine that - obama wins, markets go down

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