Market loves Obama's stimulus plan...

Jarod

Jarod

Well-known member
Contributor
The DOW is up again, over 200 pts!


If on down days that is evidence the market does not like Obama...

This must be evidence that it does!
 
Ohhh, thats right President Obama's budget bill was signed yesterday! That must be what the market is so happy about!
 
cawacko said:
You recognize there is a difference between the stimulus and budget bill?
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That is why I corrected myself as to the reason...

Maybe you should learn English. I said..."Ohhh, thats right President Obama's budget bill was signed yesterday! That must be what the market is so happy about!" Thereby suggesting a second ALTERNATIVE reason the market jumped today. Thereby illistrating that I know that the stimilus bill and the budget bill are two seperate things.
 
Jarod said:
That is why I corrected myself as to the reason...

Maybe you should learn English. I said..."Ohhh, thats right President Obama's budget bill was signed yesterday! That must be what the market is so happy about!" Thereby suggesting a second ALTERNATIVE reason the market jumped today. Thereby illistrating that I know that the stimilus bill and the budget bill are two seperate things.
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Ahhh, never was a big fan of English. I knew it would come back to haunt me.
 
yah prob nothing to do with hedge funds freaking out in regards to there 20% short interest over tuesdays announcement about sec overhaul and uptick rules.
 
The market likes the idea of reinstating the uptick rule, and they like the idea of mark to market going by the wayside as well.
 
there is at the very least going to be a suspension or modification and we'll see 10% in a month.
 
Topspin said:
there is at the very least going to be a suspension or modification and we'll see 10% in a month.
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lol 10% is too low. Dows up 600 since Tuesday when they initially announced it. I think it goes up another 1000 points over next 15-20days.
 
dont underestimate the impact that the non action of the SEC caused since 2007. I think we oversold by at least 30-40% in this recession due to faulty rules.
 
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