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Sun Nov 11, 2012, 04:57 PM

Regarding the stock market taking a dump after election of Obama: it is a contraindicator

Going all the way back to 1900, the market's behavior on the day after election day contraindicated the market's performance in the presidency's four full years.

Here are a few day-after results form modern times. Look at Obama's first term vs that of Idiot Son:

http://finance.yahoo.com/news/markets-performance-day-election-day-184651048.html

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Reply Regarding the stock market taking a dump after election of Obama: it is a contraindicator (Original post)
Stinky The Clown Nov 2012 OP
underthematrix Nov 2012 #1
elleng Nov 2012 #2
justice1 Nov 2012 #3
zbdent Nov 2012 #4

Response to Stinky The Clown (Original post)

Sun Nov 11, 2012, 05:00 PM

1. they, the rightwing nutjobs were trying to make

noise about this but apparently most peeps are not listening.

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Response to Stinky The Clown (Original post)

Sun Nov 11, 2012, 05:05 PM

2. I'm sure that's true,

and think, tho wasn't following all the news Wed. and Thurs., that there were things happening around the world that affected the market then. AND opened and moved up Friday, PrezO spoke and lost some of its earlier gains, and bounced around the rest of the day.

I'm confident that things will continue to improve w PrezO, and would have sunk like a stone w an rmoney administration.

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Response to Stinky The Clown (Original post)

Sun Nov 11, 2012, 05:25 PM

3. Saw that meme floating around, they don't say stock market is up about 30% since November 5, 2008

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Response to Stinky The Clown (Original post)

Sun Nov 11, 2012, 06:02 PM

4. it is as much Obama's fault as BONER's fault ...

Boner on national TV (before it was really called for Obama, or at least, before Rove was humiliated) doubling, even tripling down on obstructionism.

Isn't that what Repugs were talking about? How the stock markets needed to know something was going to be done?

And now, Boner is "kicking the can down the road" ... why not go with the agreement he and Obama had in the first place???

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