Spoken like a true ^$%#$^*HY&&*
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Will the market plunge if (or when) Obama gets elected as Dem candidate?
- Thread starter crgarcia
- Start date
Spoken like a true ^$%#$^*HY&&*
Back to the original question. My opinion is that it doesn't matter. News fits the charts. If the market gets at a level where it needs to sell off, then if Obama wins it will sell off. But if it's not this, it will be something else. The market does not price things in or out, the sentiment moves in waves up and down according the the price action at levels.
ZDREG best interpretted what I was getting at; they seemingly don't vote in what would appear to be their best self interest.
I digress; Obama would be a disaster when coupled with a Democrat controlled congress. We would experience tax hikes, regulation run amuck, and the decreased economic liberties. I would imgaine that equities would sell off in the face of increased capital gains taxes as they've historically done. He seems to be hell bent against corpotarate america and industry in general, so it should be interesting to see how the markets treat react to this marxist.
I digress; Obama would be a disaster when coupled with a Democrat controlled congress. We would experience tax hikes, regulation run amuck, and the decreased economic liberties. I would imgaine that equities would sell off in the face of increased capital gains taxes as they've historically done. He seems to be hell bent against corpotarate america and industry in general, so it should be interesting to see how the markets treat react to this marxist.
im sorry to say this but if Osama wins not only will the stock markets plunge but so will America as we know it
vote for Osama at your own risk
vote for Osama at your own risk