Posted on 10/28/2008 12:25:43 PM PDT by Drea
Needs to hang on for 40 more minutes!
660 points now. Hmm....Any of the UK bookies starting to change their tune? I wonder if big investors have had a look at McCain’s/GOP’s internal polls.
I hope it holds. If McCain’s polls numbers go up in lock step with the market then McCain will romp on Tuesday.
Americans have two clear choices. I think the economy will not be horrible if McCain wins because oil prices may keep dropping. If gas prices get down to say $1.60 - the economy will come roaring back. Prices hit $1.99 a gallon in parts of Ohio.
I feeel yur pain.. a lot of folks got sucker punched..
The dems have definitely spread the pain around .. and now OBama wants to spread the wealth.. no thanks.
Agreed. The market does not want Obama. Investors, businesses and people who are not broke are terrified that Obama will turn America into Cuba or the USSR. Obama is as intolerant to critcism as Chavez, Mugabe or Fidel.
I publish a financial newsletter each day and I told my readers that today's market would be up at least 400 points, with a possibility of hitting 1,000.
How did I know that?
Because the yen was purposely devalued to keep Europe from exploding. That also benefits the U.S. by making Japanese imports less expensive.
This has nothing to do with the upcoming presidential election.
But, that's not what everyone wants to 'believe'. It that any better than 'believing' in Obambi?
There are capital gains and then there are capital losses.. I am not sure of the financial and tax ramifications Lehman wise, hopefully your tax folk can help you from a declared losses standpoint and how those losses can be treated taxwise. You won’t be alone, for sure, not that that is any consolation.
Remember a recovering market is due to the Palin Push. A crashing market is due to the Pelosi Panic.
What about the UK bookies. They were very good in 2004 then freaked out when the MSM started lying saying exit polls were predicting a Kerry victory. They were all over the place after 5 EST on election day in 2004.
I would be curious on the odds changing on the election. I think the UK bookies are even smarter than Intrade.
RCP used to have links to an avg of all the bookies.
Up 800 at 3:57pm EDT.
Good to hear you be negative because it is when everyone is negative that it is the best time to buy. Japan was different. They scrimp their money - don’t spend. Americans have the opposite approach. I believe in being debt free — been debt free all my life except a couple years (brief mortgage which we paid it off in 8 yrs) — after that it is fine to spend as needed — helps others which helps the economy.
840 @ 2:58:30
Wow...I need to subscribe to your newsletter!
back above 9000.
Wow! 905!
Look a the volumes!
900 at close
+890
+874
Dems between 1/10 and 1/16
Republican between 6/1 and 9/1
Independent??? 300/1
I’m watching my favorite man, Neal Cavuto!
This will bump McCain and Palin in the polls.
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.