A Bear Market Rally Starts Today

#1
DaytonLawVol

DaytonLawVol

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Feb 5, 2008
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#1
Look for a Bear Market Rally, consisting of a 10% - 20% market increase over the next 6-12 weeks. These almost always happen during a recession. Whether they are an actual long term "recovery" is the real question....maybe, maybe not. Hopefully, we have seen the bottom...its seems might have.
 
#2
#2
I'll say it before the rest of the board does....

It's Obama's fault if it turns out bad. If it turns out good, he had nothing to do with it.
 
#3
#3
rjd970 said:
I'll say it before the rest of the board does....

It's Obama's fault if it turns out bad. If it turns out good, he had nothing to do with it.
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actually basically true. i would have said the same thing about bush. generally speaking the president can only get in the way of the stock market.
 
#5
#5
Jabba The Frank actually saved the day by saying that they are going to bring back the uptick rule

Obama is busy working with teachers and getting stem cell research going

We were never going below 6000
 
#6
#6
the market didn't rally on the uptick thing at all. if we are up tomorrow look out.
 
#7
#7
DaytonLawVol said:
Look for a Bear Market Rally, consisting of a 10% - 20% market increase over the next 6-12 weeks. These almost always happen during a recession. Whether they are an actual long term "recovery" is the real question....maybe, maybe not. Hopefully, we have seen the bottom...its seems might have.
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someone has been listening to Beck and his guests
 
#9
#9
droski said:
the market didn't rally on the uptick thing at all. if we are up tomorrow look out.
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true, we were up 200 when he said it, but I think it added a little fuel to the burning of the shorts.

I was afraid we would sell off but Jabba The Frank secured the rally
 
#11
#11
T-TownVol said:
you made sense and did not even mean to
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You and Droski must have thought Bush was the market anti-christ his last 6 months in office then. I don't seem to remember either of you railing on Bush about screwing up the market though.
 
#13
#13
rjd970 said:
You and Droski must have thought Bush was the market anti-christ his last 6 months in office then. I don't seem to remember either of you railing on Bush about screwing up the market though.
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Because those problems were easily tied to systemic market issues or to readily identifiable market conditions.

The moves in 09 at pretty handily pinned on the new guy's obscene spending plan which addresses nothing and the tax plan that no doing leads to a depressed economy.
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#14
#14
rjd970 said:
You and Droski must have thought Bush was the market anti-christ his last 6 months in office then. I don't seem to remember either of you railing on Bush about screwing up the market though.
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see post #13 - BPV sums it up nicely
 
#15
#15
I got it guys, with Bush it is systemic market issues, with Obama it is his fault. Obama can do no good, Bush can do no wrong.
 
#16
#16
rjd970 said:
I got it guys, with Bush it is systemic market issues, with Obama it is his fault. Obama can do no good, Bush can do no wrong.
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They are giving you an explanation of their rationale, and you are not listening. You don't have to agree, but don't be intentionally obtuse.
 
#17
#17
rjd970 said:
I got it guys, with Bush it is systemic market issues, with Obama it is his fault. Obama can do no good, Bush can do no wrong.
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hussein, is seizing this chance to make us socialist while he has the chance (thank God, people are waking up though). if the economy shows no sign of improving by summer, you'll see his poll number drop like crazy.

oh, i read that Jimmy carter had 70% approval rating in his 1st few months of office. look how he turned out. hussein carter II will not fair any better.
 
#18
#18
IPorange said:
They are giving you an explanation of their rationale, and you are not listening. You don't have to agree, but don't be intentionally obtuse.
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Trust me, I am listening. I have had these debates with BPV and others multiple times. I see what they are peddling. It is just nice how there is an excuse for anything wrong that happened economically under Bush, and 60 days into the Obama presidency everything is his fault.

Here it is in a nutshell:

Bush had a positive effect on economic growth, anything bad was market driven outside of his control.

Obama has a negative effect. Anything good with the market is due to natural economic cycles.
 
#19
#19
rjd970 said:
Trust me, I am listening. I have had these debates with BPV and others multiple times. I see what they are peddling. It is just nice how there is an excuse for anything wrong that happened economically under Bush, and 60 days into the Obama presidency everything is his fault.
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i don't think people are making excuses for Bush, Bush did not propose an 8% increase in spending and did not raise every tax possible for the people who provide jobs. Bush did spend alot (which i disagreed with greatly) but the treasury did have record tax receipts. Bush did not stop or prevent the growth of the economy by taxes the heck out of everybody.
 
#20
#20
joevol320 said:
i don't think people are making excuses for Bush, Bush did not propose an 8% increase in spending and did not raise every tax possible for the people who provide jobs. Bush did spend alot (which i disagreed with greatly) but the treasury did have record tax receipts. Bush did not stop or prevent the growth of the economy by taxes the heck out of everybody.
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But nobody is saying that. All I hear is that tax cuts have a direct positive effect on the market. If this is the case, then comments like "a president can only get in the way of the market" make no sense. Statements like this are quick to be thrown around with Obama. Bush has a positive effect, Obama doesn't. Market dynamics are used to defend Bush and denigrate Obama at the same time. It's Tom Foolery.
 
#22
#22
OrangeEmpire said:
Rdj don't be angry that the market is turning up..... Obama will bring us socialism another way!
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I don't want socialism, and there are major differences I have with Obama on some of his initiatives. I am just talking about how the debate is being framed here.
 
#23
#23
rjd970 said:
I don't want socialism, and there are major differences I have with Obama on some of his initiatives. I am just talking about how the debate is being framed here.
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Don't apologize, government will solve all of our problems!

I mean government has solved poverty, major illnesses such as cancer, global warming, war, etc.!
 
#25
#25
rjd970 said:
But nobody is saying that. All I hear is that tax cuts have a direct positive effect on the market. If this is the case, then comments like "a president can only get in the way of the market" make no sense. Statements like this are quick to be thrown around with Obama. Bush has a positive effect, Obama doesn't. Market dynamics are used to defend Bush and denigrate Obama at the same time. It's Tom Foolery.
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tax cuts might get a one day rise in the market, but generally the president can only do things to freak out the market. tax cuts of course help the economy and therefore will help the market long term, but announcing tax cuts has a limited short term effect on the stock market. obama on the other hand is consistantly doing things that the market interprets as antibusiness and bad for the economy.
 
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