DOW finishes below 8,000, NASDAQ loses 6.5% as stocks crumble in final half hour.

MarketWatch ^ | 11/19/08 | MarketWatch

[AngieGal]

MarketWatch Bulletin

[Attention Surplus Disorder]

But, it’s contained.

[pissant]

The Obama effect has been very dazzling since Nov 4.

[Commander X]

Barky is great at restoring market confidence. LOL

[brytlea]

It’s not Obama’s fault. Bob Beckle said so.

[screaminsunshine]

OBAMA depression begins.

[OB1kNOb]

OBUMMER's FAULT !!

[Xenophon450]

Possible anticipation of Baracula sucking your 401k dry?

[ari-freedom]

so much for the bailout

[Terry Mross]

I can’t wait for some O voter to say something about how they voted for this guy for change. Yeah, change back to 1992. Talk about being had!

[Terry Mross]

Wrong Thread. Sorry

[CJ Wolf]

And so it begins

[rabscuttle385]

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[Go Gordon]

The Obama effect has been very dazzling since Nov 4.

He's doing it on purpose. After being sworn in, he'll announce no tax hikes on the rich, no increase in capital gains. The market will rebound and when he runs for re-election he can advertise that the DOW was at 7000 when he took office, and 10,500 after his economic policies took effect - a 50% increse. When in fact, the Obama effect put it from 10,500 down to 7,000 in the first place.

[rabscuttle385]

*Ping!*

[Attention Surplus Disorder]

Change we can believe in.

All snideness aside, Bernanke and Paulson have a massive role in this carnage. Paulson redirecting bailout funds (not that those would have done much in the longer term) are experts in the art of shredding confidence.

[divine_moment_of_facts]

Barky is the perfect nickname for him!

[pissant]

They won’t skip the tax hikes, of that you can be sure.

[EBH]

Naw...it’s Bush’s fault. It is all his fault!

[Terry Mross]

I thought I was posting on the Eric Holder thread. But, it actually works on this one, too. Back to the Dow of 1992.