Is Wealthy Liberal American forcing the stock market down to influence the Election? (Vanity)

5/12/04 | Heff

[Heff]

Is it possible that the wealthy liberal elites are dumping their stock positions to tank the market? This my not be a very conherent therory, but I think its very possible.

[Protagoras]

Is it possible that the wealthy liberal elites are dumping their stock positions to tank the market?

No

This my not be a very conherent therory,

Correct

but I think its very possible.

You think wrong.

[Protagoras]

Plus, even rich liberals can't influence something as big as the stock market for 6 months...

Or six minutes for that matter.

[CasearianDaoist]

Look at the US markets now. The program trading click right in and scooped it up. A whole lot of fools poorer and a few smart@ss quite a bit richer. What is funny is that the media was trying to play it as an Iraq problem. Ket us hope they push the down back up a couple of hundred points this week.

[E. Pluribus Unum]

I was down $2500 at one point today and finished $500 up.

Please don't throw me in that briar patch!

[cavan]

"This my not be a very conherent"

LOL, well, could not have said it better myself.

[M1Tanker]

Absolutly correct!! This is why I continued to buy even after 9-11 when eveyone else was panicking. The Stock Marget gets over-inflated and must reduce prices of stock. Plus there's the small fact that the media doesn't understand, or doesn't want the people to understand what the numbers mean, and therefore use it for political gains.

Also, this theory may make sense if it was only the US market hit, but the world, in general, is in recession with the US as only one of a very few countries making headway.