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DOW UP 200+
My Deep Insightful Mind | 10/31/2008 | Me

Posted on 10/31/2008 10:33:52 AM PDT by AmericaUnited

The DOW is up 200+, over 9400!!

Traders are started to unwind Obama crash positions as the tighter polls come in. Don't wait till November 5th to buy or you could be getting in 1000 points higher.


TOPICS: Business/Economy; Chit/Chat; Miscellaneous
KEYWORDS: nobama; stocks

1 posted on 10/31/2008 10:33:54 AM PDT by AmericaUnited
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To: AmericaUnited

I got my piece of the pie—last week,and this week.


2 posted on 10/31/2008 10:35:20 AM PDT by Mac from Cleveland (Joe Biden behind a microphone is like Ted Kennedy behind a steering wheel)
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To: AmericaUnited

The big boys will not go long into the weekend knowing that a communist is going to be elected.

This is an awesome sign.

The market is a forward looking indicator.

It just needs to be sustained for the remainder of the day.


3 posted on 10/31/2008 10:35:48 AM PDT by waus
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To: Mac from Cleveland

Me too! There will be no sweeter feeling than watching the The Marxist crash and burn and then cashing out huge profits after a McCain win.


4 posted on 10/31/2008 10:41:06 AM PDT by AmericaUnited
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To: waus
If the markets stay up

Mccain will win.

5 posted on 10/31/2008 10:41:29 AM PDT by scooby321 (Cai)
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To: waus

Just remember, all indications are that an Obama win will drop the market between 1000-2000 points between now and January 1. I even saw one estimate that a 5000 dow is possible if enough people pull out. Keep an eye out for your money. I am in but I have a stop on what I have left in the market.

It is risk-reward proposition however, a McCain win could put us back up big at least in the short-term.

If you really believe in McCain buy some stock at Intrade. I have a pretty fair sum on this. 1.30 buys you a chance at 10.00 next week.


6 posted on 10/31/2008 10:42:12 AM PDT by sharkshooting
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To: AmericaUnited

This is terrible news...for Obamabots.


7 posted on 10/31/2008 10:42:23 AM PDT by Signalman
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To: scooby321

You have it backwards. Traders are starting to buy back in because they see the odds getter much better for a McCain win.


8 posted on 10/31/2008 10:43:16 AM PDT by AmericaUnited
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To: sharkshooting

There are some fantastic bets on Intrade. PA at 6-1, FL at 3-1, OH at 4-1 are must bet trades.


9 posted on 10/31/2008 10:45:42 AM PDT by AmericaUnited
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To: sharkshooting

Thanks for the heads up, that’s a great buy.


10 posted on 10/31/2008 10:48:24 AM PDT by waus
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To: AmericaUnited

Oh yeah, I like those numbers baby! I’m in!


11 posted on 10/31/2008 10:51:23 AM PDT by Boardwalk
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To: AmericaUnited
Um.......maybe stocks are up because the Libor is easing and some profit reports have been good.

Just a thought.

12 posted on 10/31/2008 11:03:35 AM PDT by marshmallow (An infallible Bible is useless without an infallible interpreter)
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To: AmericaUnited
If you remember my piece last week, "Don't Look Now . . . But There Won't Be an Obama Swag Bag," (or something like that) I said that if the Dow didn't tank--it could even go down a tad---McCain would win.

Dow performing nicely.

13 posted on 10/31/2008 11:54:42 AM PDT by LS ("Castles made of sand, fall in the sea . . . eventually." (Hendrix))
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To: marshmallow

Well maybe the Libor is easing because the Antichrist Jr and Armageddon have been canceled. :)


14 posted on 10/31/2008 12:01:29 PM PDT by AmericaUnited
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