Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

DOW Surging Early...UP 235..The Market Knows The Truth..
Yahoo ^ | Novemeber 4, 2008 | waus

Posted on 11/04/2008 7:45:21 AM PST by waus

If it was a forgone conclusion that barry "the spreader" was going to win, the DOW would not be moving like this. The market is the true indicator of what is going to happen in the election, not the lame stream media...keep the pressure up all day. The only caveat is that it must be sustained all day. Even coal stocks are jumping.

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


TOPICS: Chit/Chat
KEYWORDS: market; mccain; victory
Navigation: use the links below to view more comments.
first 1-2021-35 next last

1 posted on 11/04/2008 7:45:22 AM PST by waus
[ Post Reply | Private Reply | View Replies]

To: waus

OR: are they trying to get in before last call???


2 posted on 11/04/2008 7:47:10 AM PST by Psalm 73 ("Gentlemen, you can't fight in here - this is the War Room".)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Psalm 73

this is very good news. I remember when the dow dropped in 2004 after the exit polls were released. The markets know something is up.


3 posted on 11/04/2008 7:50:30 AM PST by Ravi
[ Post Reply | Private Reply | To 2 | View Replies]

To: waus

This market move is totally meaningless without VOLUME.


4 posted on 11/04/2008 7:50:30 AM PST by dartuser ("If you torture the data long enough, it will confess, even to crimes it did not commit")
[ Post Reply | Private Reply | To 1 | View Replies]

To: waus

Or do the Redskins? In 15 of the last 16 presidential elections, if the Redskins win their last home game before the election then the party in the White House wins the election. They lost last night to the Steelers, 23 to 6.


5 posted on 11/04/2008 7:50:30 AM PST by Non-Sequitur
[ Post Reply | Private Reply | To 1 | View Replies]

To: waus

imho, the market will move up no matter who wins. Unknown keeps it low, once it is known who wins, investors will move money into investments that can capitalize on the policies of the new administration.


6 posted on 11/04/2008 7:52:20 AM PST by mnehring (We Are Joe!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: dartuser

Volume is brisk - 1.4 billion shares traded on the NYSE to the moment.


7 posted on 11/04/2008 7:53:20 AM PST by andy58-in-nh (Somewhere in Illinois, a community is missing its organizer.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: waus
If stocks are rallying, and coal miners are voting en masse, then that might explain why M'Obama is angry.

It seems that Americans realize exactly what Barack Hussein Odinga is:

A Hostile black racist who openly embraces communism while simultaneously associating himself with terrorists and anarchists.

While Hussein is posting his fake smile in front of the cameras, M'Obama knows that Americans are privy to their intentions and she is not happy.


8 posted on 11/04/2008 7:53:20 AM PST by Prole (Please pray for the families of Chris and Channon. May God always watch over them.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Psalm 73
More likely one last surge before tomorrow's market collapse.

The company I work for announced massive layoffs yesterday; we find out the details tomorrow am. The joke is that if Obama wins, it's double the layoffs, and if McCain wins, it's half the layoffs!

9 posted on 11/04/2008 7:55:21 AM PST by Carling ("I won't have to worry about putting gas in my car. I won't have to worry about my mortgage.")
[ Post Reply | Private Reply | To 2 | View Replies]

To: waus

Even ExxonMobil is up over $2 per share.....

me thinks investors know da truf


10 posted on 11/04/2008 7:57:06 AM PST by LeoOshkosh (Crazy Leo is right again)
[ Post Reply | Private Reply | To 1 | View Replies]

To: waus

Even ExxonMobil is up over $2 per share.....

US Steel up (need coal)

Ratheon up (no cuts do defense spending)

me thinks investors know da truf


11 posted on 11/04/2008 7:57:46 AM PST by LeoOshkosh (Crazy Leo is right again)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Non-Sequitur

That streak was broken in ‘04. The Redskins lost but Bush won re-election. But then, you’ve probably read that already - been posted a lot here - and ignored it?


12 posted on 11/04/2008 7:58:56 AM PST by txrangerette (Just say "no" to the Obama Cult.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: waus

Hate to be a naysayer (I really hope you’re right!), but what the market dislikes the most is uncertainty. This is the day when all uncertainty will be gone. That may be why the marked it up.


13 posted on 11/04/2008 7:59:48 AM PST by DallasDeb
[ Post Reply | Private Reply | To 1 | View Replies]

To: mnehrling

FWIW, Peabody Coal (sym “BTU”), the largest domestic producer providing 10% of U.S. electric generation, is up 8.46% for the day at 10:41. Their investors are obviously planning for an Obama loss.


14 posted on 11/04/2008 8:01:17 AM PST by SonOfDarkSkies
[ Post Reply | Private Reply | To 6 | View Replies]

To: SonOfDarkSkies

Bump that. I stayed out of that sector because it would be too risky if O wins..


15 posted on 11/04/2008 8:02:54 AM PST by mnehring (We Are Joe!)
[ Post Reply | Private Reply | To 14 | View Replies]

To: DallasDeb

>>Hate to be a naysayer (I really hope you’re right!), but what the market dislikes the most is uncertainty. This is the day when all uncertainty will be gone. That may be why the marked it up.<<

Correct. The market has already discounted an Obama win. Although a McCain win would cause a big gain, the market is likely trend higher in any event, simply because the bad news has already been discounted. The market is giving you a good chance to unload stocks.


16 posted on 11/04/2008 8:05:05 AM PST by NKStarr
[ Post Reply | Private Reply | To 13 | View Replies]

To: waus

The real bellwether is how Amalgamated Alligator Shoes & Bling (AAS&B) is doing today.

; )


17 posted on 11/04/2008 8:05:45 AM PST by Mac from Cleveland (Joe Biden behind a microphone is like Ted Kennedy behind a steering wheel)
[ Post Reply | Private Reply | To 1 | View Replies]

To: txrangerette

It’s still been right 94% of the time. There are pollsters who would kill for an accuracy average like that.


18 posted on 11/04/2008 8:06:23 AM PST by Non-Sequitur
[ Post Reply | Private Reply | To 12 | View Replies]

To: LeoOshkosh

I just talked to a coworker about the coal/steel link. He agreed that that Barack’s “bankrupt the coal industry” comment could hand McCain PA.


19 posted on 11/04/2008 8:06:32 AM PST by massgopguy (I owe everything to George Bailey)
[ Post Reply | Private Reply | To 11 | View Replies]

To: LeoOshkosh

I just talked to a coworker about the coal/steel link. He agreed that that Barack’s “bankrupt the coal industry” comment could hand McCain PA.


20 posted on 11/04/2008 8:06:32 AM PST by massgopguy (I owe everything to George Bailey)
[ Post Reply | Private Reply | To 11 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-35 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson