10:39am. dow down 159

#1
J

joevol320

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#1
how could this been the messiah speaks and the dow drops. i guess wallstreet went to bed early and didn't hear the promise of hope. or i guess they worry about socialism. Hussein is pathetic.
 
#2
#2
I believe it's dropped every time an administration official speaks. Seriously.

The only guy that should be allowed to talk publicly about the economy is Bernanke
 
#3
#3
the market is ridiculously volatile in its current state. It went up 230 yesterday, and almost everyday its gone up, it's gone down the next...and repeat
 
#4
#4
anyone thinking the dow dropping this year isn't related to obama's socialist policies (different from last year) and the "world is ending" message clearly doesn't know what they are talking about.
 
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#5
#5
TrueOrange said:
the market is ridiculously volatile in its current state. It went up 230 yesterday, and almost everyday its gone up, it's gone down the next...and repeat
Click to expand...

Actually, yesterday was the first positive day (of any substance) in over a week.
 
#8
#8
droski said:
anyone thinking the dow dropping this year isn't related to obama's socialist policies (different from last year) and the "world is ending" message clearly doesn't know what they are talking about.
Click to expand...

I couldn't agree more.
 
#9
#9
droski said:
anyone thinking the dow dropping this year isn't related to obama's socialist policies (different from last year) and the "world is ending" message clearly doesn't know what they are talking about.
Click to expand...

Didnt say that. He's not helping at this point and anything not helping the market just hurts it now.

Point tough this has been a long time coming. and the market, as a result of what alot of politicians, businessmen, and eveyone have done to it, its regulations, etc, is currently in a very volatile state where it's not going to stay at a steady level (lots of ups followed by more downs)....and unfortunately will keep doing this till this recession/depression/whatever bottoms out.

My earlier comment was just saying that - since this has happened so much now (gain day followed by big drop day) - people shouldn't really be that surprised by the market doing this....
 
#10
#10
Sounds like obama's speech fell on deaf ears. Probably because most sane people saw right through all that rah, rah crap.
 
#11
#11
TrueOrange said:
Didnt say that. He's not helping at this point and anything not helping the market just hurts it now.

Point tough this has been a long time coming. and the market, as a result of what alot of politicians, businessmen, and eveyone have done to it, its regulations, etc, is currently in a very volatile state where it's not going to stay at a steady level (lots of ups followed by more downs)....and unfortunately will keep doing this till this recession/depression/whatever bottoms out.

My earlier comment was just saying that - since this has happened so much now (gain day followed by big drop day) - people shouldn't really be that surprised by the market doing this....
Click to expand...

sorry i was responding to the original post not yours specifically.

i really think we'd see some stability in this market if obama toned down the rheotric. we saw it in december when he did just that.
 
#12
#12
if Hussein stood up last night and said he is going to lower capital gains and corporate taxes, the dow woul be up 1000 points today.
 
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