Posted on 11/06/2012 9:04:42 PM PST by occamrzr06
Thoughts?
I predict the market will fluctuate.
Down. Damn I wish I was short on, well, just about anything right now.
CRASH !!!!!
It will be up.
All those guys who dumped money into the Obama campaign are going to get their payoffs.
I’m sure an 0retard re-election was priced into the market a long time ago. In many ways, Ben Bernanke and Wall Street made it happen.
Not just the stock market...business are going to start unloading full time employees big time.
get ready for 29 hour work weeks and layoffs, recession.
you are going to get it now!
The stock market always makes money no matter what happens politically. The players are made up of huge investor groups and very few individual investors. They move the markets as they want with their investments and generally remove the monies from the small investor and place it into their own accounts. They have the advantages.
So, no it will not matter much to the markets - they will just alter their investment strategies to take into account who is doing what to whom in Washington. Of course we little people with small 401K’s will be at their mercy but that is the way it has always been...
Where it will be will depend on whether there can be some kind of deal for the debt debacle that is coming up toward the end of the year.
Medium term the stock market will be up as Obongo’s unlimited government continues to print more and more money. Stock market will increase in correlation. Until the entire system collapses, at which point stocks will be worthless.
The trick is figuring out when those things will occur.
Gold Soars, Futures Plunge As Free Reign For Bernanke Appears Assured
http://www.zerohedge.com/news/2012-11-06/gold-soars-futures-plunge-free-reign-bernanke-appears-assured
S&P futures are now unchanged from Monday’s close - having lost 14 points from the close and over 18 from the highs. Meanwhile, gold is soaring and the USD is being sold. It would appear that as the odds of an Obama victory rises that the fiscal cliff reality becomes even more critical BUT given Bernanke’s four-more-years, they have no need to do anything about it since he will just monetize away... Gold realizes its the ‘stock’ and equities have already priced in the ‘flow’ but forgot to price in the fiscal cliff (as we have noted)... We assume Schumer will be on the phone first thing in the morning demanding moar doing his job...
S&P 500 are plunging... (moar Bernanke trumped by moar Fiscal Cliff reality!!)
(see graphs at link.)
Tanking...
Well, yea, once all the dumping of employees goes into effect the next month, coupled with the non-hiring of any new employees, the no budget, the increased spending, the continued down-grading of our credit rating....yada, yada, yada....
We got the government we deserve!
The Asian market was tanking a little while ago.
The Asian market was tanking a little while ago.
buy firearms and ammunition stocks and physical gold/silver in the dips. Anticipate more inflation, the market will.
Shorting the Market on a down turn can be profitable, just ask Soros.
Doesn’t mean the market won’t go down.
I told our investment officer 4 years ago tomorrow, but precious metals......gold and lead.
As a Southern bout from Alabama, he agreed.
I told our investment officer 4 years ago tomorrow, buy precious metals......gold and lead.
As a Southern bout from Alabama, he agreed.
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