[Charles Henrickson]

It’s Recovery Fall.

[metmom]

That sure didn’t take long.

They hardly got done counting the votes.

And it’s just the beginning, sad to say.

[tobyhill]

Companies are not worried about the “fiscal cliff”, they are worried about how much Obamacare is going to cost them and whether it's worth staying here in America.

[Varsity Flight]

Attempted blackmail because the fascists and government cronyism didn’t get their way.

[memyselfandi59]

We bought Smith and Wesson a few years ago when it was low, and it stayed low for the longest time, but has been on the upswing. My husband and I were wondering what would happen to the price of the stock if Obama was elected versus Romney. Got our answer today.

SWHC‎ - Smith & Wesson Holding Corporation (NASDAQ)‎
10.37 +0.91‎ (9.62%‎)
Nov 7 4:00pm ET - Disclaimer
Volume: 8,031,563
Avg Vol: 1,844,000

[NVDave]

While conservatives would like to blame this down-tick on the election results, the much larger story is coming out of:

a) Europe. The economic signs are that German’s economy is buckling under the sustained pressures. Spain, Italy and France are all indicating contraction of their economies as well. In short, Europe is headed rapidly into a recession, and it’s starting to look very ugly in terms of the speed at which it is developing.

b) Fitch’s is putting the US Treasury on notice that unless action is taken to avert the “fiscal cliff,” they’re going to downgrade US Treasury debt:

http://blogs.barrons.com/incomeinvesting/2012/11/07/fitch-warns-of-u-s-rating-downgrade-if-fiscal-cliff-isnt-averted/

c) Margin debt on the NYSE is at a 16 month high. If this selling gets going, there’s going to be a lot of margin calls or enforced selling of positions.

The net:net truth is that Wall Street needed to be cleaned out of hucksters and frauds in the last four years after the crash of ‘08, and that hasn’t happened. It most likely wasn’t going to happen under a Romney administration, either. The fiscal cliff issue wouldn’t have been dealt with by Romney, because the date at which the cliff arrives is 01 Jan 2013, not later. Europe is on Europe’s schedule, and their appointment with their doom is... oh, sometime in the next two quarters.

So please don’t conflate this particular market downtick with the election. As far as the market is concerned, there are much larger fish to fry.

[Steelers6]

My Advice, sell your stocks while they are still overvalued. Buy guns and gold. Take money out of the bank to pay off DEBT!!