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Dow Jown Heading Down....Now at -220 (1029est)

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rsmith6621 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 09:29 AM
Original message
Dow Jown Heading Down....Now at -220 (1029est)
Edited on Fri Jun-06-08 09:31 AM by rsmith6621

.......I guess they didn't like the jobless numbers and $150.00 barrel OIL by July 4th.......
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whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 09:33 AM
Response to Original message
1. Wall Street does not like the idea that a democrat will win in November
:yoiks:
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northernsoul Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 09:46 AM
Response to Reply #1
2. Actually, the market always does better during Dem Administrations
check the numbers.
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Johonny Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 10:12 AM
Response to Reply #2
4. I think he means
Even though Dems actually run better economies than Republicans, the investor class believe in the mythical Republican economy and thus get scared of the Democratic presidency.
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whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 12:40 PM
Response to Reply #4
7. Thank you, that summaries my generalizes comment very nicely
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northernsoul Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 04:23 PM
Response to Reply #7
8. Point taken, however...
I'm not sure how true this is any more - check out the message boards over on Marketwatch.com, for example, and you'll see plenty of B*sh/GOP-bashing. I think the past eight years has really been a wake-up call for a lot of people who are involved in the markets.
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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 09:48 AM
Response to Original message
3. The only thing that will give us $150 oil next month is your belief that it will go that high.
Speculation thrives on ignorance.
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 11:08 AM
Response to Original message
5. or the truth about the lies n/t
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Xenotime Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-06-08 11:14 AM
Response to Original message
6. * is determined to bring this economy to a halt before he leaves.
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