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Market drops when 0bama opens his mouth
yahoo ^

Posted on 11/07/2008 12:32:51 PM PST by MrFred

Market Update

3:05 pm : President-elect Obama has started a news conference after meeting with his economic team. He said America needs a rescue plan for the middle class, including a fiscal stimulus plan. He will also review the current administration's financial plan.

The stock market gives up half of its gains as Obama makes his statements.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Your Opinion/Questions
KEYWORDS: bho2008; economy; stockmarket
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To: freedumb2003
5K in 70 days.

There is no reason for the market to do anything but decline. I am going to get called all kinds of crazy for this, but I think we could see 1990 Dow levels again.

41 posted on 11/07/2008 1:03:24 PM PST by countess
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To: MrFred

and it closed back up again. +250 for the dow today.


42 posted on 11/07/2008 1:05:30 PM PST by ChurtleDawg (voting only encourages them)
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To: ChurtleDawg

It’s because The One STHU.


43 posted on 11/07/2008 1:09:15 PM PST by chimera
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To: mnehrling

Actually it’s only been a matter of days where the stock market has dropped precipitously, immediately after the election of Obama. The investor class, wanting hard data on taxes and other economic matters don’t like Obama’s double talk. He’s probably one of the best in the world at it, literally.


44 posted on 11/07/2008 1:10:29 PM PST by TheThinker (It is the natural tendency of government to gravitate towards tyranny.)
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To: MrFred

He calls himself a mutt and takes a jab at Nancy Reagan? You stay classy BO!

4 years of this is going to be tough.


45 posted on 11/07/2008 1:10:52 PM PST by MoonBat
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To: chimera

I don’t care about why it happened, I am just glad the stock market made some gain today. The short selling of the last two days was giving me an ulcer.


46 posted on 11/07/2008 1:11:07 PM PST by ChurtleDawg (voting only encourages them)
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To: Bobalu

EXCELLENT graphic!

47 posted on 11/07/2008 1:12:24 PM PST by freedumb2003 (Der neuen Fuhrer: AKA the Murdering Messiah: Keep your power dry, folks)
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To: ChurtleDawg
and it closed back up again. +250 for the dow today.

Whew . You can almost see millions of investors who still believe , looking at all these stocks at almost half price and just about to make a gutsy move and then the President or President to be starts talking . The investor then says , I think I better have a drink first .

48 posted on 11/07/2008 1:13:33 PM PST by kbennkc (For those who have fought for it freedom has a flavor the protected will never know F/8 Cav)
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To: TheThinker

are you forgetting the month of october? at least once a week it would drop between 500-800 pts on news of a thunderstorm in paraguay or something stupid.


49 posted on 11/07/2008 1:14:28 PM PST by ChurtleDawg (voting only encourages them)
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To: grellis
His economic team...lol...chuckle...snigger, snort...which includes Granholm...

And villareconquista -- the mayor of one the worst run cities in the USA (probably #3 behind Detroit and DC).

50 posted on 11/07/2008 1:17:51 PM PST by freedumb2003 (Der neuen Fuhrer: AKA the Murdering Messiah: Keep your power dry, folks)
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To: Madame Dufarge

He was asked if he had consulted past presidents regarding advice. He replied he had with those who were living and then quipped he was not going to contact Nancy Reagan to conduct a seance.


51 posted on 11/07/2008 1:18:59 PM PST by Born In America (Forgive us Father for they know not what they have done....)
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To: Dawn531

It started to go up when it was announced he was meeting with his “economic cabinet”, but we’re talking 70 points. After the rock drop over the last two days, I thought he would get the point and say something substantive.

He’s a dope and doesn’t know what he is doing, but we knew that.


52 posted on 11/07/2008 1:20:13 PM PST by mabelkitty (Democrats over-reaching for a mandate - smack their hand and tell them "No. Not Yours".)
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To: MrFred

Yes, the Obama depression is underway.
Every man for himself.


53 posted on 11/07/2008 1:21:58 PM PST by Lancey Howard
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To: Born In America
Please I am very gullible . I fall for that Semmens guy about 20% of the time . Did Obambi really say such a thing ?
54 posted on 11/07/2008 1:27:20 PM PST by kbennkc (For those who have fought for it freedom has a flavor the protected will never know F/8 Cav)
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To: kbennkc

Yes. Whole thread on it here

http://www.freerepublic.com/focus/f-news/2128111/posts


55 posted on 11/07/2008 1:32:53 PM PST by Sparko
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To: kbennkc
Heard it on Hannity’s show. Sean reacted somewhat disturbed and said he wondered if he would apologize.
56 posted on 11/07/2008 1:35:42 PM PST by Born In America (Forgive us Father for they know not what they have done....)
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To: Sparko
Thanks . That cuts it . I take back what I said about trying to respect the office . This means war .
57 posted on 11/07/2008 1:37:22 PM PST by kbennkc (For those who have fought for it freedom has a flavor the protected will never know F/8 Cav)
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To: Pearls Before Swine
He said he would review the admins current policies. That was read as "well, I might bail out of the bailout, depending. You can't count on anything, you see". Really helpful, that.
58 posted on 11/07/2008 1:38:14 PM PST by JasonC
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To: Bobalu
Say it every time you leave someone coins worth less than a quarter.
59 posted on 11/07/2008 1:40:11 PM PST by JasonC
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To: Born In America
Unbelievable!

What dignity, what "gravitas."

What a complete thug.

60 posted on 11/07/2008 1:40:33 PM PST by Madame Dufarge
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