D.C.
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BECAUSE WALL-STREET KNOWS WITH OBAMA IN IT WILL BE A DISASTER-----AND ARE ALREADY RESPONDING -----ONLY STUPID DEMOCRATS THINK OBAMA HAS ANY ANSWERS TO ANYTHING -----AND WHEN THEY WAKE UP TO KNOW HE IS A EMPTY SUIT TO NOWHERE -----YOU CAN BEND OVER , PLACE YOUR HEAD BETWEEN YOUR LEGS AND KISS YOUR BUTT AND AMERICA AS YOU KNOW IT GOODBYE . HAVE A NICE DAY DEM YOU JUST HELPED FLUSH AMERICA DOWN THE TOILET . |
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Jenni
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A lot of the people around me are talking about buying less and having a smaller Christmas in anticipation of the higher taxes to come and that can continue to hurt. But, sorry, I am doing the same. |
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tiu9you
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The Dow has been running up in last 5 sessions which it shouldn't, can you tell me where's the firing power to power up the market? look for dow to retest 7800 soon. |
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Net Advisor
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Here is the answer I posted 10-27-08 of what I expected to happen in the markets before and immediately after the election.
http://answers.yahoo.com/question/index;_ylt=AiojVwA0xv1vAk9jKNPh46bty6IX;_ylv=3?qid=20081028092022AAiRqpw&show=7#profile-info-2WEl3Vqpaa
So far the following has been true:
The market rallied BEFORE the election.
The market has sold off since the election.
Stocks do not rally because of Bush or Obama or any person. It's the economy.... |
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David W
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Nobody knows how bad this recession is going to be and there was more bad news yesterday.
Ultimately, the markets drop if people sell shares, regardless of anything else, so more people are selling shares than buying.
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▲ßûІІѕ vÅŸ ßèÄÅ—Ñ•â–¼
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because it was overbought
I don't know why they were up in the first place when the economy is getting worse
unemployment data should be plenty to take us to below 7000 DJIA |
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Derek (Steelers, SB champs)
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The market has been going down for a while now. |
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v V
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Index went up too fast before that. |
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Mikeally
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He is goiing to fix the ecomomy but not in 36 hours. This is a serious matter and even he himself said its going to take time. he's not officially the Pres. until January 20, 2009 |
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TehMike
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The global economy is still poor. It really doesn't have much to do with the actual election as much as the recent amount of people that have filed for unemployment, job losses and poor sales reports.
Obama isn't in charge yet ... it's still on Bush. |
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Ben
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Regardless of who would have been elected you wouldn't have seen a rally or uptrend in the market right away. They aren't the president yet, and our current one isn't doing anything to really improve the market so that's why it keeps going down.
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