Obama is looking like a lock for 2012

[Ricter]

Quote from Lucrum:

http://www.intrade.com/v4/markets/contract/?contractId=743474

On intrade his re-election is at 56.6%. Not exactly a lock.

Agreed. Don't get complacent, lefties. ABSS!

: )

 

[Lucrum]

Quote from Ricter:

Agreed. Don't get complacent, lefties. ABSS!

: )

Ah you trickle up poverty guys are all alike.

 

[Brass]

Quote from Lucrum:

...What if they're discounting an Obama loss?

Then my guess is that they're in for a learning experience.

 

[Brass]

Quote from Ricter:

I would think corporate profits are doing just a little bit to help support stock prices.

Perhaps just a tad, eh?

 

[Ricter]

Quote from Brass:

Perhaps just a tad, eh?

Hehe, a tad. You know the trading part of this site better than I do, are most guys "chartists" iyo?

 

[Brass]

Quote from Ricter:

Hehe, a tad. You know the trading part of this site better than I do, are most guys "chartists" iyo?

I don't follow any trading threads that closely, but that would be my guess. Why do you ask? Because a certain political contingent appears to be congenitally contrarian under the current administration?

 

[Lucrum]

Quote from Brass:

Then my guess is that they're in for a learning experience.

Sort of like a teachable moment?

 

[Ricter]

Quote from Brass:

I don't follow any trading threads that closely, but that would be my guess. Why do you ask? Because a certain political contingent appears to be congenitally contrarian under the current administration?

Because if you're a chartist you don't much care why a stock price is rising, right?

 

[denner]

Quote from Maverick74:

You are a f*cking moron. And I say that lightly. The Fed is driving the market higher, not Obama. Do you really think the 60 million Americans on food stamps give a flying f*ck where the Dow is trading? Your IQ is trading at new lows.

Completely agree, but then I've felt that way for alot longer than the past 3 years. Granted, in the previous incarnation of Fed "pumping asset prices" it was a whole bunch of Chinese drywall shitboxes selling for $500k, but nonetheless it was the same reckless, "inflation at all costs" garbage that seems to repeat itself more often than I have patience for.

 

[Brass]

Quote from Ricter:

Because if you're a chartist you don't much care why a stock price is rising, right?

That's what some people say, and at least in my case it would depend on the manner in which it does so. But it gives others the opportunity to fill in their own narrative, some of which may quite coincidentally and very occasionally be accurate.