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First day on the job, Market soars 80 pts.

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ChairmanAgnostic Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 10:52 AM
Original message
First day on the job, Market soars 80 pts.
figures.
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originalpckelly Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 10:54 AM
Response to Original message
1. Will we blame him for it going down 100 pts when it does?
Edited on Wed Jan-21-09 10:54 AM by originalpckelly
It's going to happen. I think we ought not take credit so early for anything, these markets are all fucked up, and it's like playing with a pissy lion.
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ChairmanAgnostic Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 10:55 AM
Response to Reply #1
2. you may call it play.
pissy lions call it lunch.
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originalpckelly Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 10:58 AM
Response to Reply #2
5. "Is that lunch?"
"Yes, here he comes now!"

:P
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ChairmanAgnostic Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 11:03 AM
Response to Reply #5
9. comes equiped with tooth picks, too.
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AlinPA Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 10:56 AM
Response to Reply #1
3. Maybe more like a pissy skunk these days.
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originalpckelly Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 10:58 AM
Response to Reply #3
6. That too...
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stillcool Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 11:04 AM
Response to Reply #1
10. absolutely..
Pat Buchanan blamed the losses yesterday on the new President.
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Winterblues Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 11:29 AM
Response to Reply #10
12. Wasn't the market officially closed before the Oath of Office was administered?
Obama was not President during that market decline so it is hard to blame "the new President".
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jsamuel Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 11:36 AM
Response to Reply #12
13. no
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Winterblues Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 12:08 PM
Response to Reply #13
16. Doesn't the Market close at 12:00PM?
And wasn't Obama sworn it at 12:01 PM?
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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 12:10 PM
Response to Reply #16
18. The market closed a 4PM same as everyday.
9:30AM-4PM normal trading hours (8AM-8PM extended hours).
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Winterblues Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 12:24 PM
Response to Reply #18
19. Oops I was thinking about where I live
It closes at 12:00 noon here but Obama was sworn in at 8:00AM here. I was wrong and embarrassed about it. Sorry.
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stillcool Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 12:05 PM
Response to Reply #12
14. Pat Buchanan did..
that's all I know.
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jsamuel Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 10:56 AM
Response to Original message
4. yesterday doesn't count?
Edited on Wed Jan-21-09 10:57 AM by jsamuel
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ChairmanAgnostic Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 11:03 AM
Response to Reply #4
7. trying to ignore it, much like the last 8 yrs.
cut me some slack, cuz, I am still pinching myself.
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stillcool Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 11:04 AM
Response to Reply #4
11. Sure does. Pat Buchanan...
said yesterday the losses were because of Obama.
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tritsofme Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 11:03 AM
Response to Original message
8. Don't know if Dow +80 is really "soaring"
Edited on Wed Jan-21-09 11:04 AM by tritsofme
But it couldn't be a bad start.
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apnu Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 12:07 PM
Response to Reply #8
15. Especially if you consider the wide swings, almost daily, the Market has seen in the last few months
(nt)
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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 12:08 PM
Response to Reply #8
17. Exactly in the last year virtually all DOW changes have been 80+ pts.
Better subject line would be:
On first day of office a completely normal up day to the market.
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