Another Omen: Stocks down majorly on inauguration day

Associated Press ^ | 1-20-09

[Justaham]

After hearing the new president’s inaugural address Tuesday, investors continued selling, sending the major indexes down more than 2 percent. Investors are expecting Washington will be a central part of the economic recovery. But the first few minutes of Obama’s term did little to ease their concerns.

as of 11:58am PST: Dow down 272 points Nasdaq down 71 points

[mtairycitizen]

But these are new times and Obama is the new America. Surely the market must be mistaken.

[sheik yerbouty]

Just wait until hail starts catching fire!

[steve86]

I highly recommend stocking up that year’s supply of food, if you haven’t done so already. I’ve been using www.beprepared.com.

Expect the brownshirts to start monitoring hoarding. Then comes confiscation and re-distribution or disposal.