Obama on Leno tonight

[sunzt]

Originally posted by: Fear No Evil
Meanwhile the stock market dropped ~1.5 - 2.0% today! Thanks President Obama!

And up very nicely over the past week and a half. A pull-back is obviously expected ... nice try.

 

[Fear No Evil]

Originally posted by: sunzt

Originally posted by: Fear No Evil
Meanwhile the stock market dropped ~1.5 - 2.0% today! Thanks President Obama!

And up very nicely over the past week and a half. A pull-back is obviously expected ... nice try.

And one HELL of a pullback since he's been elected. And even more of a pullback since he started forcing bailouts down our throats.

 

[sunzt]

Originally posted by: Fear No Evil

Originally posted by: sunzt

Originally posted by: Fear No Evil
Meanwhile the stock market dropped ~1.5 - 2.0% today! Thanks President Obama!

And up very nicely over the past week and a half. A pull-back is obviously expected ... nice try.

And one HELL of a pullback since he's been elected. And even more of a pullback since he started forcing bailouts down our throats.

Ah yes, cause the market wasn't tanking before he was in office. Hell, lets just get to it and point out that he caused the banking crash, tech bubble, and the great depression too! Your efforts to correlate any negative movement in the market to the obama administration is pathetic.

Having done nothing and not bailing out anyone would have us in a worse situation today and the market would be even lower!

 

[Fear No Evil]

Originally posted by: sunzt

Originally posted by: Fear No Evil

Originally posted by: sunzt

Originally posted by: Fear No Evil
Meanwhile the stock market dropped ~1.5 - 2.0% today! Thanks President Obama!

And up very nicely over the past week and a half. A pull-back is obviously expected ... nice try.

And one HELL of a pullback since he's been elected. And even more of a pullback since he started forcing bailouts down our throats.

Ah yes, cause the market wasn't tanking before he was in office. Hell, lets just get to it and point out that he caused the banking crash, tech bubble, and the great depression too! Your efforts to correlate any negative movement in the market to the obama administration is pathetic.

Having done nothing and not bailing out anyone would have us in a worse situation today and the market would be even lower!

I think its pretty much accepted fact that the most recent downward trend of the market has been a direct result of the market's lack of confidence in Obama massive spending.

 

[sunzt]

Originally posted by: Fear No Evil

Originally posted by: sunzt

Originally posted by: Fear No Evil

Originally posted by: sunzt

Originally posted by: Fear No Evil
Meanwhile the stock market dropped ~1.5 - 2.0% today! Thanks President Obama!

And up very nicely over the past week and a half. A pull-back is obviously expected ... nice try.

And one HELL of a pullback since he's been elected. And even more of a pullback since he started forcing bailouts down our throats.

Ah yes, cause the market wasn't tanking before he was in office. Hell, lets just get to it and point out that he caused the banking crash, tech bubble, and the great depression too! Your efforts to correlate any negative movement in the market to the obama administration is pathetic.

Having done nothing and not bailing out anyone would have us in a worse situation today and the market would be even lower!

I think its pretty much accepted fact that the most recent downward trend of the market has been a direct result of the market's lack of confidence is Obama massive spending.

As long as banks/companies keep failing, economic numbers stay bad, unemployment increases, and no bottom in the housing market being apparent we will stay in a downward trend.

These recent rallies are just short term pops DUE TO the Fed (Bernanke) pumping the markets and from treasury bailouts.

We cannot expect to see any significant changes from the stimulus or from Fed actions in only a couple months. Wait till Fall or Q1 09' to see if any significant changes in direction of economic numbers or from stimulus.

Even the most perfectly crafted or the Republican version's of a stimulus/bailout can only influence short term market direction. You would still see the downtrend continue. This long-term downtrend cannot be bottomed out or changed in a few days or weeks. Only improving economic data, less employment, and an apparent housing bottom can get the market higher again.