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| Name: |
water_watcher
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| Subject: |
Business world
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Date:
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11/6/2008 3:44:51 PM
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so far is loving BO ... normally if Wall Street, that impacts main street, sees positive change after an election it rallies ... two consecutive 500 point loss days or over 11% down in just two days is not a good sign that Wall Street sees BO as making things better .... only a sign that he is going to make things worse. And I have to agree.
The dems gave us the bank crisis and high oil prices when they took over congress 2 years ago, and now with them running the white house too they have no one to point to and blame but themselves. Wall Street is scared to death of the tax and spend policies with the move toward socialism that BO and the dems promise.
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| Name: |
GoneFishin
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| Subject: |
Why Market Is Down
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Date:
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11/6/2008 10:46:30 PM
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The market has fallen 900 points the past 2 days as a result of the economy. Not because of Obama. We have lost 700,000 jobs through September and Frday they will announce October job loss. It is going to be 200,000 for the one month. GM and Ford will announce real bad results tomorrow. GM will reduce new vehicle development. This will be a horrible Christmas season for retail. Finally, the market is trying to find a bottom and this is typical. I have seen it over the years where you see a rise and think it is over. Then another drop like the last two days. It is horrible to see a Company like Ford selling for a Wal Mart sale price today at close of $1.98.
The Asian markets are doing poorly tonight which typically indicates a down market at the opening tomorrow.
If you really think it is going to continue the downward spiral, buy an EFT that sells short.
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| Name: |
water_watcher
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| Subject: |
Why Market Is Down
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Date:
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11/7/2008 6:28:01 AM
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Wake up. Yes the economy is bad due to the credit crisis created by the dems that was sparked by rising oil prices (because the economy was strong) and the dems refusing to address it which caused speculators to drive up prices further.
BUT ... last quarter was the 1st quarter of negative GDP growth ... the experts all agree the rapid sell off was attributable to the FEAR of BO policies. That has now been compounded by reality.
And why do you think the US auto industry is in such bad shape ... one word ... UNIONS ... they have destroyed many US businesses and BO wants to take away secret ballots to boost membership because they all backed him.
Your man is going to destroy this country. We will be in a depression before long.
I am sure narrow minded liberals like you will say it was Bush. But the facts are Bush took over a terriible economy from Clinton with the tech collapse, then 9/11 ..... his poicies pulled us out of that and we had 6 years of excellent growth, job creation, low interest rates, rising stock market. The Dems took over congress 2 years ago and started all the scare tactics and pointing fingers and blocking policies, refusing reforms that could have avoided the credit mess .... and the economy started to collapse.
So now the economy is in bad shape ... so lets see what your boy and an all liberal congress does. Bush showed he could recover from the economy Clinton handed him AND a horrific terrorist attack .... so now lets see what BO does.
Regan proved the same thing after Carter and the Dems policies pretty much destroyed the US before and left us with 21% interest rates and 11% unemployment.
Both Regan and Bush showed their policies worked with the same party controlling congress. So now lets see what the liberals do. My bet is they screw it up again just like every other time. But this time it will be even worse with BO's socialist views.
If people had faith in "CHANGE" then the market would have responsed positively with the change in leadershhip .... but instead this is the worst post election decline in history. Oh yeah,
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| Name: |
1DERWHY
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| Subject: |
Why Market Is Down
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Date:
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11/7/2008 6:57:11 AM
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I cannot wait for the reply from GF on this one. I still don't see how one group of people can be so narrow minded.
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| Name: |
water_watcher
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| Subject: |
Why Market Is Down
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Date:
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11/7/2008 7:14:58 AM
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when he is presented with undisputed facts, he does one of two things ... he crawls in a hole and does not respond or he comes back with some illogical off topic attack since he can't or does not know how to respond.
There have been so many point blank questions he has been asked to support his position or share his view (not some copy and paste from someone else) yet he does not or can not.
He has been caught in so many personal lies which is so sad that someone must be so embarrassed of themself and have so little self confidence that he has to lie about where he lives and his personal accomplishments. A perfect example of a liberals class envy. That explains his support of a socialist leader. If you can't accomplish on your own, hope someone takes it away from those that have so they can give to you.
I really feel sorry for him. I try not to respond to very many of his posts because it really seems he has a mental problem and the things he says make so little sense I hate to see him keep getting embarrassed. Every time he tries to reply he makes a bigger fool out of himself.
His behavior really demonstrates someone that was abused as a child and has never recovered and addressed it with help. I hope he does. It will help him, but i am sure he is so ashamed.
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| Name: |
JustAGuy
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| Subject: |
Why Market Is Down
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Date:
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11/7/2008 4:06:12 PM
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Excuse me .... but it seems several of you are calling the dems "narrow minded" .... but it seems you think everything the Democrats ever did was bad .... and everything the Republicans did was good ...... is that not "narrow minded"?
I think Dems have done some good and some bad ..... I think Republicans have done some good and some bad .....
my 2 cents.
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