If God forbid Obama wins, I wonder what the market will look like on November 5th?
Here’s what they’ll say - O’Bummer
I'll bet that RGR pops big, at least in the short term.
Obama's proposal to raise capital gains tax, death tax, and impose a windfall profits tax on targeted industries (Oil) will drive it down further into the 3,000 area where it will languish for the rest of his term.
Going to be trillions in hard dollar losses in the market; not losses of paper profit, but true losses.