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Stock Market Down 441 Last 2 Days

Posted: Wed Nov 07, 2012 11:04 am
by Gil Dobie
Initial results, we will see how it ends the day.

CNN Money

Re: Stock Market Down 300

Posted: Wed Nov 07, 2012 11:08 am
by ∞∞∞
It think it relates much more to Rehn's announcement of the Euro-zone crisis than Obama's election. A mixture of both for sure, but leaning much more towards the former.

Re: Stock Market Down 300

Posted: Wed Nov 07, 2012 11:11 am
by Franks Tanks
∞∞∞ wrote:It think it relates much more to Rehn's announcement of the Euro-zone crisis than Obama's election. A mixture of both for sure, but leaning much more towards the former.
Sure it does, because before the announcement investors had no idea there was a fiscal crisis in Eurpoe.

Re: Stock Market Down 300

Posted: Wed Nov 07, 2012 11:11 am
by Chizzang
The End is Near
The End Days are upon us

Re: Stock Market Down 300

Posted: Wed Nov 07, 2012 11:13 am
by Seahawks08
The End is Near
The End Days are upon us
12/21/12 :suspicious:

Re: Stock Market Down 300

Posted: Wed Nov 07, 2012 11:15 am
by ∞∞∞
Franks Tanks wrote:
∞∞∞ wrote:It think it relates much more to Rehn's announcement of the Euro-zone crisis than Obama's election. A mixture of both for sure, but leaning much more towards the former.
Sure it does, because before the announcement investors had no idea there was a fiscal crisis in Eurpoe.
The European Commission made their growth projections today and it wasn't as good as predicted.

The whole economy of Europe > President Obama.

Re: Stock Market Down 300

Posted: Wed Nov 07, 2012 11:21 am
by Gil Dobie
Chizzang wrote:The End is Near
The End Days are upon us
Closer than you think :lol:
Image

Re: Stock Market Down 300

Posted: Wed Nov 07, 2012 11:27 am
by Gil Dobie
∞∞∞ wrote:It think it relates much more to Rehn's announcement of the Euro-zone crisis than Obama's election. A mixture of both for sure, but leaning much more towards the former.
I also doubt it is much about the election, just the economic tanking in general world-wide.

Re: Stock Market Down 300

Posted: Wed Nov 07, 2012 11:29 am
by BlueHen86
∞∞∞ wrote:It think it relates much more to Rehn's announcement of the Euro-zone crisis than Obama's election. A mixture of both for sure, but leaning much more towards the former.
Agreed. Germany's economy is slowing down.

Re: Stock Market Down 300

Posted: Wed Nov 07, 2012 11:29 am
by BlueHen86
Gil Dobie wrote:
∞∞∞ wrote:It think it relates much more to Rehn's announcement of the Euro-zone crisis than Obama's election. A mixture of both for sure, but leaning much more towards the former.
I also doubt it is much about the election, just the economic tanking in general world-wide.
Bushs' fault.

Re: Stock Market Down 276

Posted: Wed Nov 07, 2012 3:00 pm
by GSUhooligan
Karl Rove, Bill Kristol, Dick Morris and Rush are liquidating their positions, causing a sell off, so they can move to Costa Rica or wherever.

Re: Stock Market Down 276

Posted: Wed Nov 07, 2012 3:20 pm
by death dealer
GSUhooligan wrote:Karl Rove, Bill Kristol, Dick Morris and Rush are liquidating their positions, causing a sell off, so they can move to Costa Rica or wherever.
I hear they are interviewing for support staff. Maybe you should look into that. :thumb:










Now to get a few thousand other GSU fans to do the same. Where's Baldy? He's desperate :twisted:

Re: Stock Market Down 276

Posted: Wed Nov 07, 2012 5:41 pm
by Chizzang
GSUhooligan wrote:Karl Rove, Bill Kristol, Dick Morris and Rush are liquidating their positions, causing a sell off, so they can move to Costa Rica or wherever.
Don't all those guys make MORE money with Obama still around..?
Maybe I don't understand how this works
I'm pretty sure they're in the business of division, separation and outrage... (Right..?)



:coffee: They will be booked out for years to come - never busier

Re: Stock Market Down 312

Posted: Wed Nov 07, 2012 6:25 pm
by Wedgebuster
Maher said tonight that comedy will suffer because of the outcome, but since the country will benefit, he will accept the reduced opportunity for comedy.

Re: Stock Market Down 312

Posted: Thu Nov 08, 2012 6:33 am
by bulldog10jw
Wedgebuster wrote:Maher said tonight that comedy will suffer because of the outcome, but since the country will benefit, he will accept the reduced opportunity for comedy.
What does Maher know about comedy? :roll:

Re: Stock Market Down 312

Posted: Thu Nov 08, 2012 10:55 am
by Gil Dobie
bulldog10jw wrote:
Wedgebuster wrote:Maher said tonight that comedy will suffer because of the outcome, but since the country will benefit, he will accept the reduced opportunity for comedy.
What does Maher know about comedy? :roll:
I was thinking the same thing. :lol:

Re: Stock Market Down 312

Posted: Thu Nov 08, 2012 10:57 am
by Gil Dobie
Down another 50 today.

Re: Stock Market Down 312

Posted: Thu Nov 08, 2012 10:58 am
by danefan
Glad I pulled 75% of my portfolio out of stocks on Friday of last week.

I'm not sure I trust Congress enough to get anything done before the "fiscal cliff," so I'll watch this one from the sideline with most of my money.

Re: Stock Market Down 312

Posted: Thu Nov 08, 2012 11:24 am
by Gil Dobie
danefan wrote:Glad I pulled 75% of my portfolio out of stocks on Friday of last week.

I'm not sure I trust Congress enough to get anything done before the "fiscal cliff," so I'll watch this one from the sideline with most of my money.
As of today, that looks like a great move. Did you see this coming?

Re: Stock Market Down 312

Posted: Thu Nov 08, 2012 11:31 am
by danefan
Gil Dobie wrote:
danefan wrote:Glad I pulled 75% of my portfolio out of stocks on Friday of last week.

I'm not sure I trust Congress enough to get anything done before the "fiscal cliff," so I'll watch this one from the sideline with most of my money.
As of today, that looks like a great move. Did you see this coming?
My thought process was pretty simple. I was up 10%+ year-to-date in my portfolio. I had no clue who was going to win election, but I was pretty sure the market would take a hit if Obama won. I thought there would be a bump if Romney won, but I was happy to let it go.

I'll buy back in if this things keeps going down. If not, I'll gladly wait it out until January or Congress acts. I'll probably miss some gains but I'll still be up.

Re: Stock Market Down 312

Posted: Thu Nov 08, 2012 2:20 pm
by Gil Dobie
Down 121 so far today.

Re: Stock Market Down 312

Posted: Thu Nov 08, 2012 2:29 pm
by mainejeff
bulldog10jw wrote:
Wedgebuster wrote:Maher said tonight that comedy will suffer because of the outcome, but since the country will benefit, he will accept the reduced opportunity for comedy.
What does Maher know about comedy? :roll:
A lot.......all he does is tell the truth.

Truth = comedy these days........sad but true.

Re: Stock Market Down 312

Posted: Thu Nov 08, 2012 2:46 pm
by GannonFan
Gil Dobie wrote:Down 121 so far today.
Eh, the market dropped a ton the two days after Obama was elected in 2008, and then recovered nicely for the next 3.5 years, even with the economy crawling along. The stock market is just a game these days.

Re: Stock Market Down 312

Posted: Thu Nov 08, 2012 2:49 pm
by AZGrizFan
Gold up $50/oz in the past two days. Silver up 5%.

Re: Stock Market Down 312

Posted: Thu Nov 08, 2012 2:59 pm
by mainejeff
GannonFan wrote:
Gil Dobie wrote:Down 121 so far today.
Eh, the market dropped a ton the two days after Obama was elected in 2008, and then recovered nicely for the next 3.5 years, even with the economy crawling along. The stock market is just a game these days.
Exactly.

Stock Market = Casino (you might get better odds at your local casino these days though :| )