Stocks Crash After Obama Win: Dow Loses 250 points, page 1


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reply posted on 7-11-2012 @ 10:49 AM by Zarniwoop
reply to post by MRuss



250 is not all that much. Probably a "Buy" opportunity.

The markets are merely a casino on a grand scale.


reply posted on 7-11-2012 @ 10:52 AM by MRuss
reply to post by Zarniwoop



Down 332 at the moment.

It's not the numbers, friend. It's the implication.


reply posted on 7-11-2012 @ 10:56 AM by Sissel
Originally posted by MRuss
reply to
post by Zarniwoop



Down 332 at the moment.

It's not the numbers, friend. It's the implication.


The implication being what?

That idiots were banking on a win by Romney?

Bet your glad you didn't take that one to the bank, now, like the rest of 'em, huh?


reply posted on 7-11-2012 @ 10:57 AM by jimmyx
www.marketwatch.com...

this is the 5 year chart...if you look closely, in the autumn of each year since 08'. there has been a pullback. also, the financial community knows that a compromise needs to be reached, and the republicans ARE NOT there to provide them with a free pass.


reply posted on 7-11-2012 @ 11:01 AM by MRuss
reply to post by jimmyx



Even NPR doesn't agree with you.

They just said this decrease in the DOW was directly attributable to investor's uncertainty.

But thanks for your reply.



reply posted on 7-11-2012 @ 11:07 AM by Zarniwoop
reply to post by Crakeur



Wall street is merely showing its collective distaste for the future woes we're going to be facing.


You may well be correct on this one, bean-counter

Should be interesting to watch.


reply posted on 7-11-2012 @ 11:07 AM by MyHappyDogShiner
reply to post by MRuss


This could be viewed as a vindictive act of the markets,and the criminals that enjoy exploiting them.

I was listening to Obama speak,I don't remember when,but he did mention something to the effect that he felt the markets had to be reigned in somehow.

I was very surprised to hear him say that,and the looks on the faces of those sitting behind him was priceless,they looked like their heads were gonna literally explode.Hillary especially.

He was referring to Glass-Steagall,legislation that was struck down during the Clinton administration,which set the stock markets and banks free to put us in the economic mess we are in again.

Freeing the markets to do what criminals do,and the fact that many jobs in the U.S. have literally been mechanized out of existence......

Don't think anything can be done to fix it without a serious sea-change in the way biz is conducted here....


Anyway....


reply posted on 7-11-2012 @ 11:19 AM by jtma508
Look, this isn't complicated. Nor is why you lost. Who owns stocks? Over 80% of stocks and mutual funds are owned by the top 10%. source You know, the people who were planning on benefiting from a Romney/Rep win. Change of plans. It'll bounce back once they untwist their collective panties.
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