BO the record setter.....YES WE CAN!

[gjn23]

http://www.bloomberg.com/apps/news?pid=20601087&sid=aj_ayFUP0riQ&refer=worldwide


biggest post election day drop in the history of the market.

obviously the failed economic policies of the president elect during the past 24 hours are to blame for this downturn.......is this the change he's been promising????

 

[smurphy]

choppy market. no relevance.

 

[DOGS THAT BARK]

choppy market. no relevance.

Economy certainly not O's fault--but there certainly is a relevance
--as it is the day following financial world knowing which party/pres will dictate the next 4 years economic policy.

--and statement of worst in history is an understatement if you look at actual #'s

Year Dow S&P Nasdaq President elect
2008 -5.05 -5.27 -5.53 Barack Obama
2004 +1.01 +1.12 +0.98 George W. Bush
2000 -0.41 -1.58 -5.39 No decision: G.W. Bush v Al Gore*
1996 +1.59 +1.46 +1.34 William Clinton
1992 -0.91 -0.67 +0.16 William Clinton
1988 -0.43 -0.66 -0.29 George H. W. Bush
1984 -0.88 -0.73 -0.32 Ronald Reagan
1980 +1.70 +1.77 +1.49 Ronald Reagan
1976 -0.99 -1.14 -1.12 James Carter
1972 -0.11 -0.55 -0.39 Richard Nixon
1968 +0.34 +0.16 --- Richard Nixon
1964 -0.19 -0.05 --- Lyndon Johnson
1960 +0.77 +0.44 --- John Kennedy
1956 -0.85 -1.03 --- Dwight Eisenhower
1952 +0.40 +0.28 --- Dwight Eisenhower
1948 -3.85 -4.15 --- Harry Truman
1944 -0.27 0.00 --- Franklin Roosevelt
1940 -2.39 -3.14 --- Franklin Roosevelt
1936 +2.26 +1.40 --- Franklin Roosevelt
1932 -4.51 -2.67 --- Franklin Roosevelt
1928 +1.20 +1.77 --- Herbert Hoover
1924 +1.17 --- --- Calvin Coolidge
1920 -0.57 --- --- Warren Harding
1916 -0.35 --- --- Woodrow Wilson
1912 +1.83 --- --- Woodrow Wilson
1908 +2.38 --- --- William Taft
1904 +1.30 --- --- Theodore Roosevelt
1900 +3.33 --- --- William McKinley
1896 +4.54 --- --- William McKinley
* George W. Bush ultimately was determined the winner of the 2000
election.
Source: Reuters EcoWin

:0corn

Yes you did!

 

[smurphy]

Dude, every day in the last 30 is a record of some sort in the market. Unbelievable that you would play this card. No logic whatsoever. None.

 

[DOGS THAT BARK]

That's why I high lighted relevant part--so you wouldn't miss it--but apparently you did?

I would give your view some value had there been some relevant economic event that occurred on that day--pro or con that would make market fluctuate--but was basically nothing other than election--granted I could see some profit taking after 5 day run--but what your looking at is investors take on next 4 years--trust me
I will certainly pull will you in hoping they are wrong-:toast:

 

[THE KOD]

That's why I high lighted relevant part--so you wouldn't miss it--but apparently you did?

I would give your view some value had there been some relevant economic event that occurred on that day--pro or con that would make market fluctuate--but was basically nothing other than election--granted I could see some profit taking after 5 day run--but what your looking at is investors take on next 4 years--trust me
I will certainly pull will you in hoping they are wrong-:toast:

................................................................

:142smilie :142smilie

DTB - at least your not desparate and hysterical anymore

yu should be feeling better and better soon.

everything will be ok

 

[gjn23]

choppy market. no relevance.

is that what obama said for the past 45 days during his campaign?

choppy market, no relevance?

or

was it all george bush's fault?

 

[smurphy]

was it all george bush's fault?

No, it wasn't.

 

[ImFeklhr]

Correlation does not equal causation.

That must be humans favorite mistake when analyzing statistics.

 

[smurphy]

Correlation does not equal causation.

That must be humans favorite mistake when analyzing statistics.

It reveals those who are partisan or Texan.

 

[gjn23]

No, it wasn't.

hmmm

i could have sworn that's what i heard from the annointed one for the past 45 days and during all three debates

let me go back to the replay and check.

 

[dawgball]

A more telling statistic would be upward/downward direction compared to at least a 30 day MA. The volatility in the current market causes one day's numbers to not be a fair representation. If the volatility continues it's current rate, we could easily have a 10% up-day tomorrow. Then Barrack's presence would need to be given credit as well.

I think I saw that the average market move from election day to year's end is just under 5% in the positive direction.

Regardless of where we are December 31st, the results of the election will have little to do with Barrack just like I don't think our current economy is solely due to Bush and the internet boom/bust was due to much that Clinton did.

 

[gjn23]

A more telling statistic would be upward/downward direction compared to at least a 30 day MA. The volatility in the current market causes one day's numbers to not be a fair representation. If the volatility continues it's current rate, we could easily have a 10% up-day tomorrow. Then Barrack's presence would need to be given credit as well.

I think I saw that the average market move from election day to year's end is just under 5% in the positive direction.

Regardless of where we are December 31st, the results of the election will have little to do with Barrack just like I don't think our current economy is solely due to Bush and the internet boom/bust was due to much that Clinton did.

exactly the point......but did anyone bother to point that out to the annointed one and his supporters the past 45 days when we were hammered with "the failed economic policies of the past 8 years" as the lead in to every question the annointed one answered.....even if the question was about football.

 

[BobbyBlueChip]

I would give your view some value had there been some relevant economic event that occurred on that day--pro or con that would make market fluctuate--but was basically nothing other than election--

Job report indicators probably had nothing to do with it.

 

[hedgehog]

the fear that Obama was going to win the Presidency had to do with the fall of the market, socialism, spread the wealth from the bottom up had most to do with the market tanking, don't worry the real Republicans will be back in two years in mid-term elections.

 

[THE KOD]

the fear that Obama was going to win the Presidency had to do with the fall of the market, socialism, spread the wealth from the bottom up had most to do with the market tanking, don't worry the real Republicans will be back in two years in mid-term elections.

......................................................

bitterness will get you know where hedge

:142smilie :142smilie