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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
Confirmed User
Join Date: Aug 2008
Posts: 276
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imagine that - obama wins, markets go down
who would have ever guessed. dow, oil, gold, dollar. all down
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#2 |
♥♥♥ Likes Hugs ♥♥♥
Industry Role:
Join Date: Nov 2001
Location: /home
Posts: 15,841
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Why would the mere act of electing a new president change anything?
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I like pie. |
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#3 | |
235 Pound Gorilla
Industry Role:
Join Date: Apr 2003
Location: Valhalla
Posts: 3,467
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Quote:
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#4 |
Confirmed User
Join Date: Aug 2008
Posts: 276
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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
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#5 |
The Demon & 12clicks
Industry Role:
Join Date: Oct 2001
Location: SallyRand is a FAGGOT
Posts: 18,208
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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.
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#6 |
HOMICIDAL TROLL KILLER
Industry Role:
Join Date: Dec 2004
Location: Sunnybrook Institution for the Criminally Insane
Posts: 20,419
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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.. |
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#7 |
:glugglug
Join Date: Mar 2003
Location: Where the Wild Things Are
Posts: 26,118
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It's called profit taking. The market has rallied huge in the past couple of weeks.
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#8 |
Confirmed User
Join Date: Aug 2008
Posts: 276
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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. |
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#9 | |
Confirmed User
Industry Role:
Join Date: Aug 2001
Location: Hollywood Fl.
Posts: 8,988
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Quote:
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 ![]() ![]() |
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#10 |
Confirmed User
Industry Role:
Join Date: Apr 2005
Location: Vegas
Posts: 4,499
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It is a natural reaction to the coming increase in the capital gains tax.
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бабки, шлюхи, сила |
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#11 |
Confirmed User
Join Date: Aug 2008
Posts: 276
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gezz, they really need an option to quote your post ""SARCASTIC"" so people don't freak out
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#12 | |
HOMICIDAL TROLL KILLER
Industry Role:
Join Date: Dec 2004
Location: Sunnybrook Institution for the Criminally Insane
Posts: 20,419
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Quote:
reality is that the economy wont be fixed in 1 year or maybe not even 4 years.. |
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#13 |
Doing the grind since 99
Industry Role:
Join Date: Oct 2003
Location: Buffalo NY
Posts: 16,881
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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.
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Living in Virtual Reality Contact: Email (preferred): furiousmale .at. gmail - Skype: live:shanedws |
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#14 |
Confirmed User
Join Date: Feb 2003
Location: Here There and Everywhere
Posts: 5,477
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Thats because he's so fucking cool!!!!
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Free to Play MMOs and MMORPGs |
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#15 |
Confirmed User
Join Date: Jun 2001
Posts: 1,616
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ADP reported Private Employment Down 157k in Oct ... Economists expected a decline of 80k ... so multiple factors other than Obama winning.
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#16 |
..........
Industry Role:
Join Date: Aug 2004
Location: ..........
Posts: 41,917
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thats typical and on par for an election. look back in history.
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#17 |
Confirmed User
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Join Date: Oct 2002
Location: Toronto, ON
Posts: 5,247
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Don't they go down everyday lately anyway?
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ICQ: 91139591 |
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#18 |
So Fucking Banned
Join Date: Oct 2003
Location: In my head
Posts: 6,844
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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.
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#19 |
A freakin' legend!
Industry Role:
Join Date: Feb 2004
Location: Las Vegas, Nevada USA
Posts: 18,975
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Day to day fluctuations are not worth much scrutiny or analysis. I worry about the long term.
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Boner Money |
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#20 |
Confirmed User
Join Date: Jul 2006
Location: NoHo
Posts: 5,970
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....this thread makes my balls itch.....
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#21 |
Shank-A-Potamus
Join Date: Jan 2002
Location: Atlanta, Georgia USA
Posts: 1,756
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#22 |
Confirmed User
Industry Role:
Join Date: Jun 2003
Location: cyberspace
Posts: 8,022
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what goes down, must go up !
give it some time.... At these prices..the only way IS up |
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#23 |
in a van by the river
Industry Role:
Join Date: May 2003
Posts: 76,806
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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.
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In November, you can vote for America's next president or its first dictator. |
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#24 |
best designer on GFY
Join Date: Mar 2003
Location: IALIEN.COM - High Definition Video and Photographic Productions -ICQ 78943384
Posts: 30,307
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THe rich fucks are divesting because they know shits gonna come to roost.
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#25 | |
Too lazy to set a custom title
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Join Date: Mar 2003
Location: Homeless
Posts: 62,911
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Quote:
Once he is sworn in, some people may feel better and make some more investments but that will be another short lived jump.
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#26 |
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Join Date: Sep 2002
Location: The Internet
Posts: 2,681
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#27 |
Confirmed User
Industry Role:
Join Date: Apr 2005
Location: Vegas
Posts: 4,499
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That is correct.
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бабки, шлюхи, сила |
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#28 |
Confirmed User
Join Date: Sep 2005
Location: Montreal / Sparta
Posts: 4,331
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the dollar got stronger
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