Is Obama or Europe moving the market?
Stocks fell Wednesday. But was it reaction to the presidential election or to protests in Greece?
Thats like asking is Socialism or Socialism moving the market...
Look, if you are not a member of the 47% (Leech Class) you should be treating democrats as a Jew would a Nazi. These people are not your friends, they plan to seize what you have earned to give to their 47%.
Buy guns, ammo, Specie, and INVEST overseas, where Obama cannot seize your wealth. Don't associate with democrats, don't do business with them and certainly don't hire them (why would you anyway)? The divider in chief won that doesn't mean we need to hand over our wealth to the leech class. We need to start treating him and his supports as ENEMIES they are.
The night of the election I made decisions on what I would do the next day based on who won. If Romney won I was going to shift my cash holdings into various stock sectors including energy. If Obama won I was going to move money from the market into cash; however I was going to stick with my existing bonds because the Fed will continue QE-Forever. There are a LOT of people that thought the same thing. So you had a market crash. I would expect the stock market downtrend to continue.
Why was american optimism so high recently? It's an obvious question when the numbers came out. Conservatives that initially thought Romney would lose started to get hope after the debates. That brought up the optimism levels. Now that Obama has won that has all gone away and I expect the next set of optimisim numbers will be dismal. This is going to be a bad xmas...and a bad xmas means a bad stock market and probably a recession.
The re-election of obama has left many people comfortable in their ignorance. The policies of "tax our way to proserity" and "spend our way out of debt" will be once again be tried in the face of massive historical evidence to the contrary.
It's interesting to me that these same people who helped re-elect obama live their personal lives with conservative principles of balancing their own budgets and living within their means.
The only real question left is how long can the mirage of normalcy be sustained?
To hell with BOTH of these political parties! Why didn't Republican Speaker John Boehner tell us BEFORE the election he was going to RAISE our taxes?....It's Because He was only interested in keeping his position as SPEAKER.....
It's time people wake up....Politicians don't care about us, they're only about keeping themselves in power!
Those people called corporations lost yesterday.
As it should be!
God bless America!
High Frequency Traders , Hedge Funds, etc. They are the ones that are causing all this.
Other non-professionsal investors are not selling their shares in large numbers. Procedures and fees have to be put in place to curtail the wild swings in the markets which are almost entirely due to the actions of professional traders. The tail is wagging the dog and the tail should be cut off.
This is retribution by the multi billioaires for defeating their puppet, Romney. They're making you pay by diminishing your 401k's
and IRA's. This is a perfect example of why the average person should stay out of the stock market. If you don't believe it
is manipulated by the filthy rich, then you believe in Santa Claus and the Easter Bunny.
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