Bush speaks, DOW drops Obama speaks, DOW JUMPS!

Jarod

Jarod

Well-known member
Contributor
When Bush speaks during the day, the DOW always responds by droping dramaticly..

Today when President Obama spoke on television, the DOW jumped! 400 points today.... Keep at it President Obama!
 
Jarod said:
When Bush speaks during the day, the DOW always responds by droping dramaticly..

Today when President Obama spoke on television, the DOW jumped! 400 points today.... Keep at it President Obama!
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Are channeling your inner Rush Limbaugh and his supposedly blaming the market drop after the election on Obama?
 
cawacko said:
Are channeling your inner Rush Limbaugh and his supposedly blaming the market drop after the election on Obama?
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Hardly comparable. It's a fact that the market did react to Obama's treasury pick on Friday. Today was more Citigroup.
 
Yeah, the market reacted to news that Obama picked pro market, free trade moderates instead of what he campained on.
 
Jarod said:
When Bush speaks during the day, the DOW always responds by droping dramaticly..

Today when President Obama spoke on television, the DOW jumped! 400 points today.... Keep at it President Obama!
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actually moron, the dow dropped during and after Obama's speech. Not that his speech caused it by any stretch of the imagination, but you should at least attempt to check your facts before presenting them.
 
Superfreak said:
actually moron, the dow dropped during and after Obama's speech. Not that his speech caused it by any stretch of the imagination, but you should at least attempt to check your facts before presenting them.
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The Citi Bank bailout pretty much caused today's slight increase. This, of course, does not mean we are out of the woods. So long as people are scared and feel like there is a bad economy, they will be right.
 
Damocles said:
The Citi Bank bailout pretty much caused today's slight increase. This, of course, does not mean we are out of the woods. So long as people are scared and feel like there is a bad economy, they will be right.
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So all of this economic trouble is caused by bad Karma ?
 
Onceler said:
Hardly comparable. It's a fact that the market did react to Obama's treasury pick on Friday. Today was more Citigroup.
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So you agree then that because Obama spoke the market went up? Well if he is that magical then let him speak everyday while the market is open.
 
uscitizen said:
fear ? Personal debt loads, etc have nothing to do with it ?
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When markets are rising and there is a way to pay personal debt load then, no. It doesn't. When there is fear, the market is dropping, people stop buying, therefore people start losing their jobs...

It's caused by fear.

Have you ever heard of the difference between a symptom and the root cause of a problem? Stupidity caused a mortgage meltdown, fear caused the huge effect.
 
Damocles said:
When markets are rising and there is a way to pay personal debt load then, no. It doesn't. When there is fear, the market is dropping, people stop buying, therefore people start losing their jobs...

It's caused by fear.

Have you ever heard of the difference between a symptom and the root cause of a problem? Stupidity caused a mortgage meltdown, fear caused the huge effect.
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I guess that anything that fear can crash this bad never was real then.
 
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