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Dow up 165 (1 percent-plus) at 1:57 EST
Yahoo Finance ^ | Yahoo Finance

Posted on 11/06/2012 11:02:58 AM PST by WilliamIII

13,273.53 +161.09 +1.23% 1:57 EST, Tuesday, Nov. 6

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Politics/Elections
KEYWORDS:

1 posted on 11/06/2012 11:03:01 AM PST by WilliamIII
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To: WilliamIII

Capitalism bump....???


2 posted on 11/06/2012 11:04:14 AM PST by goodnesswins (What has happened to America?)
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To: WilliamIII

I heard on the news that when the Dow is up on election day the incumbent is gonna win. lol Now it was the media so take it with a grain of salt.


3 posted on 11/06/2012 11:05:17 AM PST by snarkytart
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To: WilliamIII

I heard on the news that the rally started when the leaked early voting numbers out of Ohio showed Romney with an advantage.


4 posted on 11/06/2012 11:05:22 AM PST by 109ACS (If this be Treason, then make the most of it. Patrick Henry, May 1765)
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To: goodnesswins

Heard some CNBC talking heads claiming that Wall Street is actually rooting for Obama.

They actually like Ben Bernanke cranking the printing presses and a hands-off China approach, according to them.


5 posted on 11/06/2012 11:05:22 AM PST by Buckeye McFrog
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To: WilliamIII
When Obama won in 2008 the Dow dropped 5 percent that week.
6 posted on 11/06/2012 11:06:05 AM PST by Brad from Tennessee (A politician can't give you anything he hasn't first stolen from you.)
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To: Buckeye McFrog

Exactly correct...unfortunately


7 posted on 11/06/2012 11:08:49 AM PST by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
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To: Brad from Tennessee

Unfortunately then we were in the middle of a global financial meltdown and the freezing of the credit markets.


8 posted on 11/06/2012 11:10:07 AM PST by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
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To: goodnesswins

Pre-President-elect Romney bump, I say!


9 posted on 11/06/2012 11:12:48 AM PST by bigbob
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To: Buckeye McFrog

I am sure there are those on Wall Street for Obomba....but, more may have finally figured out that the Party has to end sometime....and the end is in sight.


10 posted on 11/06/2012 11:16:00 AM PST by goodnesswins (What has happened to America?)
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To: WilliamIII

I was expecting you to inform us that this is Bush’s Fault(tm).


11 posted on 11/06/2012 11:18:12 AM PST by 1rudeboy
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To: Buckeye McFrog
Heard some CNBC talking heads claiming that Wall Street is actually rooting for Obama.

Thats garbage. Wall Street has overwhelmingly supported Romney this election cycle.

12 posted on 11/06/2012 11:30:59 AM PST by AmericaUnited
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To: snarkytart

Nah, if the Dow is up it usually means that capitalists are betting the socialists will lose. They could still be as wrong as anyone else, but that is where they are putting their money.


13 posted on 11/06/2012 11:39:55 AM PST by Boogieman
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To: AmericaUnited
At 11 a.m. today, representatives from the consortium of news organizations that sponsor the National Election Pool will enter a “quarantine room,” where they’ll look at data gathered via exit polls, Michael Calderone reports.

The markets spiked up sharply after these guys left the quarantine room. This is good for Romney.

14 posted on 11/06/2012 11:42:15 AM PST by AmericaUnited
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To: 109ACS

...at 11:30 am ET


15 posted on 11/06/2012 11:51:08 AM PST by kinsman redeemer (The real enemy seeks to devour what is good.)
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To: snarkytart

Common sense would indicate that when the Dow is up on election day investors believe that the election will be won by those whose policies are better for business, whether incumbent or challenger. I am no Jim Rogers or Warren Buffet but offhand I can’t imagine why anyone would think that a reelection of Obama and continued Democrat control of the senate would be good for business.


16 posted on 11/06/2012 12:05:49 PM PST by RipSawyer (Free healthcare is worth FAR LESS than it costs.)
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