Obama wins. Dow drops 300 points first 90 minutes of trading.

[achilles28]

Quote from Ricter:

Disagree. When will you come to yours?

Isn't this productive?

I have. Obama is a traitor. So is Mitt, and most of Congress.

 

[Lucrum]

Quote from achilles28:

I have. Obama is a traitor. So is Mitt, and most of Congress.

+ 16 Trillion...and counting...

 

[Ricter]

Quote from Lucrum:

In that case the market is probably just nose diving because...it's a Wednesday.

Uh huh. You betcha.

Nov. 7, 2012, 10:56 a.m. EST
"U.S. stocks slide as Europe’s troubles hit

U.S. stock futures move lower
U.S. bonds turn down, watching stocks and election
Phillips 66, Tesoro top gainers in energy stocks

By Kate Gibson, MarketWatch

"NEW YORK (MarketWatch) — U.S. stocks declined Wednesday, retreating after the prior session’s strong gains and U.S. President Barack Obama’s reelection, as Europe’s economic troubles hit investor sentiment.

“The downturn is more related to what is going on in Europe than to this election result,” said Randy Frederick, managing director of active trading and derivatives at Charles Schwab & Co."

[url="http://www.marketwatch.com/story/us-stocks-slide-as-europes-troubles-hit-2012-11-07?siteid=bigcharts&dist=bigcharts]More...[/url]

 

[Ricter]

Quote from Lucrum:

+ 16 Trillion...and counting...

If you're worried then quit buying Treasuries.

 

[tradingjournals]

Simple explanation: Bonds rise and the stock market goes down, because capital is heading to bonds. In addition the dollar rose. It shows that the world thinks that the election result is good for America's finances.

 

[Mercor]

Quote from tradingjournals:

Simple explanation: Bonds rise and the stock market goes down, because capital is heading to bonds. In addition the dollar rose. It shows that the world thinks that the election result is good for America's finances.

Looks more like a flight to quality

 

[tradingjournals]

Quote from Ricter:

Uh huh. You betcha.

Nov. 7, 2012, 10:56 a.m. EST
"U.S. stocks slide as Europe’s troubles hit

U.S. stock futures move lower
U.S. bonds turn down, watching stocks and election
Phillips 66, Tesoro top gainers in energy stocks

By Kate Gibson, MarketWatch

"NEW YORK (MarketWatch) — U.S. stocks declined Wednesday, retreating after the prior session’s strong gains and U.S. President Barack Obama’s reelection, as Europe’s economic troubles hit investor sentiment.

“The downturn is more related to what is going on in Europe than to this election result,” said Randy Frederick, managing director of active trading and derivatives at Charles Schwab & Co."

[url="http://www.marketwatch.com/story/us-stocks-slide-as-europes-troubles-hit-2012-11-07?siteid=bigcharts&dist=bigcharts]More...[/url]

You read bullshit?

 

[Lucrum]

Quote from Ricter:

If you're worried then quit buying Treasuries.

I don't, they're a bad investment. Like buying shares in the Titanic.

 

[Ricter]

Quote from tradingjournals:

You read bullshit?

Don't like the message?

 

[Pekelo]

Quote from peilthetraveler:

4 more years. You got what you wanted.

I sure did:

Quote from Pekelo on Monday 3:51 pm:

Since I like to predict:

1. Obama wins easily by the EC.
2. Market drops 3-4 % in the next 3 days...

Today the lowest was -2.7%. We have just repeated 2008, no big trick was used....

Occasionally, you guys should study history. It likes to repeat itself....