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Is my tinfoil hat too tight or does this continuation of the severe market sell-off seem coincidentally timed going into the last two weeks of the election?
1 posted on 10/22/2008 12:38:35 PM PDT by tatown
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To: tatown

This is due to the polling that distorts reality for osamabama... the media is talking down the markets by talking up hussein.

LLS


33 posted on 10/22/2008 12:50:52 PM PDT by LibLieSlayer (GOD, Country, Family... except when it comes to dims!)
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To: tatown
There may be some mischief afoot, but I think erratic or falling stock markets will help McCain. Pro-choice but moderate-to-conservative Dems, Reps, and Independents may fear that Obama’s plans to expand the government would sink the markets for a much longer time than McCain's policies would. Pro-choice voters who make 100-300k may realize that Obama will confiscate more of their income than McCain AND will hurt business, therefore, the stock market, generally. This combo will really slam the upper-middle class. I think many people who would have voted for Hillary Clinton know that Obama is much more liberal than HRC and is beholden to groups who make either very little money or enormous sums of money. For example, with Obama as President, a dentist who is married with kids and living in suburban New Jersey will net less than many government and union workers without graduate degrees. I just don't envision people like this pulling the lever for Obama on Election Day, regardless of what they tell pollsters.
34 posted on 10/22/2008 12:51:33 PM PDT by utahagen
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To: tatown

Buying time!


35 posted on 10/22/2008 12:52:41 PM PDT by CodeToad
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To: tatown

The little gamblers on Wall Street seem a bit agitatited.

If they think things are bad now, they should consider what will happen if Obama wins the election - AND CUT OUT THE CRAP with this stuff!!!!


41 posted on 10/22/2008 12:58:41 PM PDT by ZULU (Non nobis, non nobis Domine, sed nomini tuo da gloriam. God, guts and guns made America great.)
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To: tatown

My financial advisor said he expects the Dow to bottom out at 7500+/-. Of course, what does he know?!


43 posted on 10/22/2008 12:58:46 PM PDT by albie
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To: tatown

Why invest if Obama is going to take your fains ans “spread” them around?


45 posted on 10/22/2008 1:03:34 PM PDT by olrtex
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To: tatown

Relax.........500 is the new 100......:-)


46 posted on 10/22/2008 1:04:23 PM PDT by marshmallow
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To: tatown

I’ve been out of the market for awhile. My brother is a banker and he’s been telling me the credit crash was coming for more than a year. When the DOW dropped below 9000, I put a portion back in. If it goes below 7000, I’m buying more.

I won’t go all in until I see who’s the next president.

This market is going to be a huge gift for somebody.


49 posted on 10/22/2008 1:11:01 PM PDT by dangerdoc (dangerdoc (not actually dangerous any more))
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To: tatown

My guess is that the panic will continue until the Steely-Eyed Financiers have run the last sheep through the shearing shed.


53 posted on 10/22/2008 1:50:24 PM PDT by Grut
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