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To: pabianice

It looks like a classic “Buy the rumor (yesterday that McCain might win) and sell the news” (today Obama did win).

We could see a continuing decline in the stock market as those folks holding stocks are looking to sell and lock in the 15% capital gains rate that will go away under the Obama regime.

If the market does continue to fall, the media will blame the decline on the Republicans and most of the public will buy the lie as they did yesterday.

All in all, it does not look good for America.


32 posted on 11/05/2008 1:13:38 PM PST by Presbyterian Reporter
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To: Presbyterian Reporter
Yup, TWO TRILLION in capital is going to jump ship pretty doggone soon.

The price is dropping because sellers are willing to take lower prices (out of fear).

51 posted on 11/05/2008 1:20:31 PM PST by muawiyah
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To: Presbyterian Reporter
Only the Republicans will be able to buy and save America. On the other hand, this sort devolution combined with massive extant losses in the publishing business will wipe the MSM out much sooner than we planned.

Bwahahahahahaha!

58 posted on 11/05/2008 1:24:07 PM PST by muawiyah
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