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Stocks Skid 2%; Dow Dives 300, S&P Below 1400
CNBC ^ | 11/7/12 | JeeYeon Park

Posted on 11/07/2012 8:37:31 AM PST by madison10

Stocks took a sharp nosedive across the board Wednesday in the wake of President Barack Obama's re-election, triggered by worries over the looming "fiscal cliff" and as fears over Europe's economy reemerged.

The Dow fell below 13,000, while the S&P 500 traded under 1,400 for the first time since early September...

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: finance; freefall; stocks
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To: madison10; Cheerio

Is interesting, and have to admit the thought has crossed my mind. Proving would mean one would have to find that proof. Even then, if found, would the drive-by media report it? Then the other side of the coin. The country hoped and changed and said Forward. Of course, if that is the case, that Forward is the direction the majority wants to go. Two sides of the country, as in two sides of the coin. We are (well most of Us that voted) Americans. No doubt there was fraud. But when one arrives on a burning crash, as took place last night, one can throw water on it, but at the same time know if anyone or a country was in that burning crash, it is dead. Maybe there will be a resurrection. Maybe responsibility will rise again. Not hopeful though. Looking presently at Life, Liberty, the Pursuit of Happiness and the Constitution riding in a car driven by zer0 and the drive-by media. Fully expect zer0 and the drive-by media to survive, though the drive-bys will probably not survive the impending injuries sustained. May have to pronounce the others (Life, Liberty, Pursuit of Happiness), in the vehicle, chances not as good.


81 posted on 11/07/2012 11:02:43 AM PST by no-to-illegals (Please God, Protect and Bless Our Men and Women in Uniform with Victory. Amen.)
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To: Cheerio
I AM NOT BUYING IT - SOMETHING IS SERIOUSLY WRONG WITH THE POPULAR VOTE. THERE WAS MUCH MORE EXCITEMENT FOR MITTENS THAN THERE EVER WAS FOR McLAME.

Well if you ask me, and you aren't but, I think we were told who was president last night. No votes counted, just told who won.

82 posted on 11/07/2012 11:07:51 AM PST by Getsmart64
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btw .. didn’t mention the Constitution cause it was already dead when zer0 and the drive-bys put it in the vehicle. The liberals always called the Constitution a living and breathing document. Wrong.


83 posted on 11/07/2012 11:07:57 AM PST by no-to-illegals (Please God, Protect and Bless Our Men and Women in Uniform with Victory. Amen.)
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To: oiler

We may not make it to Innauguration Day.


84 posted on 11/07/2012 11:11:59 AM PST by Rockitz (This is NOT rocket science - Follow the money and you'll find the truth.)
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To: Cheerio

“...I AM NOT BUYING IT - SOMETHING IS SERIOUSLY WRONG WITH THE POPULAR VOTE. THERE WAS MUCH MORE EXCITEMENT FOR MITTENS THAN THERE EVER WAS FOR McLAME....”

“THE FIX” was in before the first ballot was ever cast. Odongo knew it and that’s why he was never shaken-ed or worried. He didn’t even have to perform all the well in the debates. Hell, he didn’t even campaigned that last day. That’s why he told his followers to “stay calm”. FoxNews knew it too and thus the negative reporting for Romney right out of the box before the vote tallies were out. Even Moochie knew it and had tonight’s party already planned at the WH. Only ones that didn’t “know it” were the “unwashed masses” out there in the hinterlands.


85 posted on 11/07/2012 11:26:19 AM PST by lgjhn23
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To: cdga5for4

Only the good things are attributable to barry! Feels like living in old Russia. Am disappointed in my fellow Americans today for allowing this mess to continue.


86 posted on 11/07/2012 11:31:15 AM PST by Red in Blue PA (Read SCOTUS Castle Rock vs Gonzales before dialing 911!)
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To: All

Looks like it has to potential to slip a bit lower quickly as we near the end of today. We’ll see.


87 posted on 11/07/2012 11:42:44 AM PST by John W (Viva Cristo Rey!)
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To: madison10
Of course there is going to be severe downward pressure. The capital gains tax will increase to 40% come January 1, 2013 for those making more than $250,000. All selling has to be completed by December 31, 2012.

Obama voters are so damned stupid.

88 posted on 11/07/2012 11:58:06 AM PST by Chgogal (Obama helped murder US Navy SEALs.)
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To: F15Eagle

Unions are to blame, thugs


89 posted on 11/07/2012 12:39:33 PM PST by Fred (http://thebubblefilm.com/)
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To: Truthsearcher

Hitler was loved too...


90 posted on 11/07/2012 12:44:32 PM PST by Beaten Valve
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To: Cheerio

Something does not pass the smell test. You had a few polling firms leaving Florida, NC, and Virginia 10 days before the election because Romney had won them. Yesterday, there were numerous reports of huge (the largest ever) turnouts in republican areas while dem areas were low to moderate. Last night in nearly every battleground state, you could tell that the chair was going to win that state by 1 vote, 1-2 hours it was called.

And overall votes are down after what we have gone through the last 4 years?? Again, something does not pass the smell test. We may have witnessed the largest electronic voter fraud scandal ever. I hope that they do canvassing in recount audits the next few days to see if the ballots cast match the number of people who showed up.


91 posted on 11/07/2012 12:46:46 PM PST by TMA62 (Al Sharpton - The North Korea of race relations)
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To: madison10

Expect more days on Wall Street like this. Has little to do with the election yesterday. I’m sure an 0bama reelection was priced in months ago.

What we’re seeing is the wheels beginning to come off. This was gonna happen, regardless of who won, and it’s going to get WORSE.


92 posted on 11/07/2012 1:17:17 PM PST by KoRn (Department of Homeland Security, Certified - "Right Wing Extremist")
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To: TMA62
You had a few polling firms leaving Florida, NC, and Virginia 10 days before the election because Romney had won them. Yesterday, there were numerous reports of huge (the largest ever) turnouts in republican areas while dem areas were low to moderate. Last night in nearly every battleground state, you could tell that the chair was going to win that state by 1 vote, 1-2 hours it was called.

Do you think maybe was all smoke and mirrors to get us to "think" Romney had won?

Remember them talking about the voting machines from Spain? I am NOT trying to diss this company, just take a look around. Here are links:

These are the states that currently use SOE software ownd by (SCYTL--voting machine company from Spain):

(525 jurisdictions in: AL, AZ, CA, CO, DC, FL, KY, MI, KS, IL, IN, NC, NM, MN, NY, SC, TX, UT, WA)

Link to many of the jurisdictions where software was used

Your Government Software Experts

93 posted on 11/07/2012 1:18:59 PM PST by madison10
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To: madison10

Time to “Go Galt”.


94 posted on 11/07/2012 1:33:05 PM PST by PR1776
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To: All

The world markets were/are down today, except for the Asians. Don’t know what that means.


95 posted on 11/07/2012 1:37:01 PM PST by elpinta (Jer. 10:23 - It really holds true!)
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To: elpinta
The world markets were/are down today, except for the Asians. Don’t know what that means.

Sugar daddy has pancreatic cancer.

96 posted on 11/07/2012 1:39:32 PM PST by KC Burke (Plain Conservative opinions and common sense correction for thirteen years.)
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To: madison10

Stocks Skid 2%; Dow Dives 300, S&P Below 1400

Obviously Bush's fault.

97 posted on 11/07/2012 1:53:28 PM PST by Hoodat ("As for God, His way is perfect" - Psalm 18:30)
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To: madison10

These are the states that currently use SOE software ownd by (SCYTL—voting machine company from Spain):

(525 jurisdictions in: AL, AZ, CA, CO, DC, FL, KY, MI, KS, IL, IN, NC, NM, MN, NY, SC, TX, UT, WA)

How did these states come out last night? I know Michigan carried O-b-gone; can’t find the maps.....


98 posted on 11/07/2012 1:55:05 PM PST by fivecatsandadog (Don't let reality ruin your day.)
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To: madison10

This is what America wanted and voted for.

Falling incomes, syrocketing prices, no more jobs


99 posted on 11/07/2012 2:04:24 PM PST by GeronL (http://asspos.blogspot.com)
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To: madison10; GeronL

I’m surprised it did not crash


100 posted on 11/07/2012 2:15:11 PM PST by Morgana (Time to play cowboys and muslims.)
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