Posted on 11/04/2008 8:35:02 AM PST by Ravi
Bulls cast their ballots early...
(Excerpt) Read more at marketwatch.com ...
I figured the market would skyrocket if McCain wins — we’ll see.
Yeah, they know it’s almost over.
Market goes up no matter who wins. But with an Obama win... it will come back down, and then some.
How could the markets know anything we don’t?
I’m not saying its lost (I have no idea), but all the polls suggest at the very least an Obama slim win.
I would love to believe otherwise, but I don’t think this means anything — especially right now. The dow could be down 250 by the end of the day.
And the Bulls aren’t listening to the BS of Obama.
Doesn’t mean anything. This is a stupid vanity that doesn’t belong in the Breaking News section.
The markets usually know everything. Somebody may have seen the internal polls with McCain up.
It’s going up so they have a higher position to sell from once/if the messiah wins.
Probably due to more Treasury money coming soon. The markets don’t know chit.
Well, it could be the end of the uncertainty about what direction the country will be heading. Of course, if it’s the hope-n-change direction, we’ll see a runup followed by a drop off the cliff.
Leading indicator.........McCain WINS
I think it is a 'last hurrah!' and expect a sell off late in the day or tomorrow.
They know Obama will win, and that for a short time at least, a lot of naive people will suddenly be overflowing with confidence and enthusiasm and run out and buy lots of stuff they don’t need. Then said naive people’s next credit card bills will come, and they still won’t have bigger paychecks or lower taxes, and so they’ll be broke during the holiday shopping season, and sales will suck and the market will tank again.
It could mean they expect Obama + inflation.
The markets are up today because the uncertainty about who will be POTUS is about to come to an end.
Historically, the markets generally do better under a Democratic prexy than a Republican one.
Mr. Obama may be different.
Viva McCain/Palin!
Everything normal.
Tomorrow it will be different.
The markets are up today because the uncertainty about who will be POTUS is about to come to an end.
Historically, the markets generally do better under a Democratic prexy than a Republican one.
Mr. Obama may be different.
Viva McCain/Palin!
I see the Obama psy ops team is firing on FR today.
are you Obama folks that stupid ?
McCain’s internals. Or maybe they’ve read “Toast.”
Because the "skull and bones" guys that run the markets received early news on what the "skull and bones" guys that rig the elections are doing /conspiracy>
Please remove this from breaking news. Thanks for the information - I am not a market expert. I thought there might be a huge sell-off if it looks like Obama might win. There appear to be many reasons why the market is up today so take this with a grain of salt.
I don’t have clue one about what makes this market go up or down, whether or not Obama makes its leg tingle, or McCain makes it sizzle, but I do know an Obama win Carterize everything.
No, they don't.
Your first comment is absurd, and the second is wishful thinking.
It means that if Obama gets elected, they get more money from the government. They can hardly wait.
The market knows, huh? How about being more specific, like, are defense stocks getting hammered? Are coal stock getting hammered? Are alternative energy stock increasing? What are government bonds doing?
Buy on the rumor,
Sell on the news.
“But with an Obama win... it will come back down, and then some.”
Yes, especially when the reality of The One’s economic plan comes to light with the madness of tax hikes on the horizon.
And Unleaded Reg’lar is down to $1.879/gallon.
AND, I voted for McCain-Palin and got a free cup of coffee from the leftists at Starbucks. Bwahahahahahahaha!
I wrote “generally.”
The markets have been for crap since Mr. Bush was elected.
The Dow on 12/30/2000 : 10786.85
The Dow on 11/3/2008 : 9323.89
Regrettably, the markets could be driven today by the optimism of very rich investors counting on victory for the anti-Christ. Folks with financial assets of more than $10 million tend to be more liberal, and often, the richer they are, the more liberal they are.
Govt. bonds flat.. This is a McCain rally..Period.. Stocks are leading indicators..
>>>How could the markets know anything we don’t?
Lets put it this way....
If you are a democratic pollster for the MSM, you have done your job well beyond expectations regardless of the outcome of the elections. Your job is secure.
If however, you are a pollster for stockholders and investors, and you get this wrong... your name is mud, and you better start looking for a new line of work... like polling for the democratic propaganda machine.
There are two types of polls... those for making sound investments, and the other for shaping public opinion.
After my icy stare she poured it anyway.
The markets have been for crap since Mr. Bush was elected.
The Dow on 12/30/2000 : 10786.85
__________________________________________
Wouldn’t a better starting point be the day after the election or when President Bush was sworn in?
Those betting hundreds of billions of dollars of bonds, stocks, currencies, do you really think they don't set themselves up to get a sneak peek at the exit interview numbers?
Have you heard about Obama? Are we talking about the same Obama? 'Cause the Obama we're talking about is a socialist who hates America's capitalists. Your assertion is ridiculous. Thus, the ridicule.
"I voted for the next President of the United States. Who did you vote for?"
Wouldn’t make much difference.
Uranium stocks are up huge today. They would do very well under a McCain administration, as he has called for the construction of many more nuclear reactors. They would NOT do well under Obama. Why are they up 15-25% today???
http://finance.yahoo.com/q?s=CCJ
http://finance.yahoo.com/q?s=URRE
http://finance.yahoo.com/q?s=DNN
Unfortunately, most of the traders on Wall Street haven't been alive and aware long enough to remember much of Clinton, let alone Reagan. Think about it... a broker with a 20 year career that's never seen anything but bull markets briefly interrupted by a couple of corrections.
They don't know jack.
Correct! That’s why I put up those numbers.
Seriesly though, there are signs that banks are loosening their grip on cash.
The Fox Business dunce said it’s because of anticipation of an Obama presidency.
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