as of 4pm there was still no definite winner in the senate, news came out around 8pm, futures are holding up as of now but from the talking heads on wallstreet many of them said a win for the democrats in both the house and senate would be a negative for the markets. One guy said he saw a 5% drop another regular on kudlow said as much as a 20% drop over the next 2 years......
S&P has topped for 2006
- Thread starter thorn
- Start date
as of 4pm there was still no definite winner in the senate, news came out around 8pm, futures are holding up as of now but from the talking heads on wallstreet many of them said a win for the democrats in both the house and senate would be a negative for the markets. One guy said he saw a 5% drop another regular on kudlow said as much as a 20% drop over the next 2 years......
The new Democrats elected are all moderate centrists and will be good for america.
As for the talking heads on fox, none of these idiotas trade for a living. Their definition of trading is front running order flow. That's why they're all so keen on privatizing social security......results in more order flow to screw.
If you think the market will go down put your money where your mouth is. Otherwise no one cares.
I would be very suprised if the markets would pay more attention to a quite expected result (Dems leading in Virginia, old news) than to the Cisco's earnings.
As far as the talking heads, well, let them ......talk.
The reality of it all is that thorn runs a 100 trillion dollar hedgefun which is up double digits every single year since he was alive, so he is singlehandedly forcing the market to go down sinc ehe is so rich.
dont screw with thorn!!!!!!!
Yes, big battle at those levels, between bulls and bears. Semis are weak despite some strength in other tech. stocks. Something has to give.