Thread: DJIA up sharply, anticipating Obama victory
View Single Post
  #5  
Old November 5th, 2008, 09:06 PM posted to rec.outdoors.fishing.fly
Peaceful Bill
external usenet poster
  
Posts: 219
Default DJIA up sharply, anticipating Obama victory
rw wrote:
Peaceful Bill wrote:
wrote:

On Nov 4, 11:45 am, rw wrote:

The free market has spoken. :-) If McCain wins watch it drop.


Ummm, don't look now but the DJIA is down today.

I know it's not correlated, but if McCain had somehow won you'd
be pointing at the DJIA today screaming the sky was falling.
- Ken


The market was up yesterday because of some favorable economic
reports. Down today as a result of the election.

No, you have it all wrong. The market is down today because the
Democrats failed to get a filibuster-proof majority in the Senate. :-)


That's the only reason the market is NOT down 20%. The markets know
that the Republicans are standing in the way of Obama and his three
vice-presidents. They won't not be able to totally wreck the economy.