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Old Nov 5, 2008 | 11:01 AM
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The market is down?

The market is down 300 points. Do you all think this has anything to do with our new Pres? I'm not saying it does or it doesn't. Its just interesting that he was supposed to be our "economic savior," but out current consumer confidence obviously does show that. Hum...
Old Nov 5, 2008 | 11:02 AM
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Originally Posted by JArnaud
The market is down 300 points. Do you all think this has anything to do with our new Pres? I'm not saying it does or it doesn't. Its just interesting that he was supposed to be our "economic savior," but out current consumer confidence obviously does show that. Hum...
that's the exact reason why its down. our markets do not think that Obama can make the correct changes to correct our economy.

I do not think we will see an upwards trend in the stock market for a long long time.
Old Nov 5, 2008 | 11:03 AM
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I agree, I figured I'd get flamed if I wrote that. Well put though. Good bye Recession, hello Depression.
Old Nov 5, 2008 | 11:11 AM
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Originally Posted by JArnaud
I agree, I figured I'd get flamed if I wrote that. Well put though. Good bye Recession, hello Depression.
don't worry about being flamed. Fight for what you believe in!

that goes for you tree hugging hippies too
Old Nov 5, 2008 | 11:18 AM
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The guy isnt even in office yet and its his fault hahahaha i love it... yea the market in january 08 was 14000.... last month before Obama was elected it was 9000 ... and your worried about the 300 points its down today... it was up last night when everyone KNEW obama was going to win. Yea deperession is on the way... its here thanks to our C average GW BUSH....
i love it ! the guy isn't president elect for what 10 hours and the economy is his fault hahahahaha love it !
Old Nov 5, 2008 | 11:19 AM
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Originally Posted by Shagon Wagon
The guy isnt even in office yet and its his fault hahahaha i love it... yea the market in january 08 was 14000.... last month before Obama was elected it was 9000 ... and your worried about the 300 points its down today... it was up last night when everyone KNEW obama was going to win. Yea deperession is on the way... its here thanks to our C average GW BUSH....
i love it ! the guy is president elect for what 10 hours and the economy is his fault hahahahaha love it !
you do know how the stock market works.. right?
Old Nov 5, 2008 | 11:22 AM
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YOU DO KNOW it was down 4000 points in the last 6 months right...before president elect.... and these 300 points and recession is Obamas fault. Man what a f*ck up... 10 hours as president elect and he put us in a depression
Old Nov 5, 2008 | 11:22 AM
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If the market is reacting to the news we received last night, then its possible that our economy is uncertain of Obama and his policies. Thats all Im saying. It doesn't matter that he isn't in office yet. This works for me though, people can pull out all their money from the stock market, and then I can sell them municipal bonds, fantastic. Also, doesn't the stock market typically react well after after an election.
Old Nov 5, 2008 | 11:24 AM
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who ever came in to office was screwed

its a bad situation for either canidate to take over on
Old Nov 5, 2008 | 11:26 AM
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Originally Posted by sigma pi
who ever came in to office was screwed

its a bad situation for either canidate to take over on
+1 me and sigma finally agree
Old Nov 5, 2008 | 11:39 AM
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Originally Posted by Shagon Wagon
+1 me and sigma finally agree
dodgers rule??? jk youll come around some day haha jk
Old Nov 5, 2008 | 11:43 AM
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Originally Posted by Shagon Wagon
YOU DO KNOW it was down 4000 points in the last 6 months right...before president elect.... and these 300 points and recession is Obamas fault. Man what a f*ck up... 10 hours as president elect and he put us in a depression
holy ****, and how did it come back the 4000 (lolz) points when BU$H was in office?

maybe because the markets were hoping for someone else to be elected office?

and now what happened when they person they believed would correct these issues did not make it?

I know its hard theory for you to grasp.. but try!
Old Nov 5, 2008 | 11:56 AM
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But hey, lets raise capital gains taxes to give investors even less encouragement to put their funds in the market. This almost makes me laugh.
Old Nov 5, 2008 | 12:00 PM
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Paging Irrational X....Irrational X please reply...
Old Nov 5, 2008 | 12:03 PM
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Its not irrational at all. Historically, stock markets react favorably following an election, and they are not right now. Something is askew.



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