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Dow Futures Down 226 After Obama Fiscal Cliff Speech
Dow Futures Live ^ | December 28, 2012 6:15 p.m. | Dow Futures Live

Posted on 12/28/2012 3:27:14 PM PST by WashingtonSource

Dow Futures Live

As on 28-Dec-2012 18:15:18 EDT

12,777 -226.00 -1.77%

(Excerpt) Read more at dowfutures.org ...


TOPICS: Business/Economy
KEYWORDS: 112th; bho44; bhodjia; djia; fiscalcliff; fiscalcliffspeech; obamaspeech; stockmarket
After Obama's speech after the meeting with Congressional leaders at the White House, Dow futures have fallen 226 points. The markets are not happy

Before this announcement, the Dow closed down 158 today at 12,938

1 posted on 12/28/2012 3:27:18 PM PST by WashingtonSource
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To: WashingtonSource

he yapped, but he didn’t say anything


2 posted on 12/28/2012 3:30:32 PM PST by camle (keep an open mind and someone will fill it full of something for you)
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To: WashingtonSource

Who is the fag in the picture at the link?


3 posted on 12/28/2012 3:30:42 PM PST by BreezyDog (Illegitimi non carborundum)
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To: WashingtonSource

jOkeass makes me sick.


4 posted on 12/28/2012 3:32:17 PM PST by depressed in 06 (America conceived in liberty, dies in slavery.)
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To: BreezyDog

The jig is up!


5 posted on 12/28/2012 3:33:13 PM PST by Broker (Be vigilant!)
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To: BreezyDog

Which one? There are several that could qualify. Apparently, those videos appear to be uploaded to the web site.


6 posted on 12/28/2012 3:33:42 PM PST by WashingtonSource
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To: WashingtonSource

Was Wall Street happy after he got re-elected? Elections have consequences.


7 posted on 12/28/2012 3:34:02 PM PST by Hotlanta Mike ("Governing a great nation is like cooking a small fish - too much handling will spoil it." Lao Tzu)
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To: Hotlanta Mike

No. Wall Street was not happy after the election. If you recall, the market plunged day after day after day but finally stabilized after it appeared that the GOP and Obama would work to avoid the fiscal cliff.

Now the markets (investors) are even unhappier. Such a sharp immediate negative reaction after Obama spoke may suggest that markets will really crash on Monday when there’s no deal. I hope people are all in cash or commodities.


8 posted on 12/28/2012 3:37:26 PM PST by WashingtonSource
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To: WashingtonSource
The only fag I see is this one, nothing else:


9 posted on 12/28/2012 3:37:41 PM PST by BreezyDog (Illegitimi non carborundum)
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To: BreezyDog

Not sure how that happened.

Here’s the link: http://dowfutures.org


10 posted on 12/28/2012 3:39:04 PM PST by WashingtonSource
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To: WashingtonSource

He causes as much destruction as he can - but he’s only one man.


11 posted on 12/28/2012 3:39:21 PM PST by LucianOfSamasota (Tanstaafl - its not just for breakfast anymore...)
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To: WashingtonSource


12 posted on 12/28/2012 3:39:29 PM PST by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: WashingtonSource

Dude, is there something your not telling us? Not that there’s anything wrong with that.


13 posted on 12/28/2012 3:43:54 PM PST by BBell (And Now for Something Completely Different)
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To: BreezyDog
This one?


14 posted on 12/28/2012 3:44:00 PM PST by Democrat_media (media makes mass shooters household names to create more & take our guns)
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To: WashingtonSource
Not sure how that happened.

LOL. Back off the EggNogg and stop posting selfies.

15 posted on 12/28/2012 3:49:25 PM PST by Drango (A liberal's compassion is limited only by the size of someone else's wallet.)
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To: Chode

lol


16 posted on 12/28/2012 3:50:32 PM PST by F15Eagle (1 John 5:4-5, 4:15, 5:13; John 3:17-18, 6:69, 11:25, 14:6, 20:31; Rom10:8-11; 1 Tim 2:5; Titus 3:4-5)
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To: BreezyDog

Must have been in his/her browser when cut and paste. ROFLMAO I can think of any other way. LOL.


17 posted on 12/28/2012 3:51:49 PM PST by Orange1998 (DO NOT PRESS CTRL W)
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To: Orange1998

Must have been in his/her browser when cut and paste. ROFLMAO I can’t think of any other way. LOL


18 posted on 12/28/2012 3:53:04 PM PST by Orange1998 (DO NOT PRESS CTRL W)
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To: BreezyDog

That’s Bath House Barry’s buddy.


19 posted on 12/28/2012 3:54:04 PM PST by Internet Walnut
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To: F15Eagle

In before the “I am not GAY” ....”I am not GAY”.


20 posted on 12/28/2012 3:57:02 PM PST by Orange1998 (DO NOT PRESS CTRL W)
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To: WashingtonSource

yer a girl, right?


21 posted on 12/28/2012 4:02:25 PM PST by ecomcon
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To: Orange1998; BBell; Larry Lucido; Gamecock

“Not that there’s anything wrong with that.”

lol


22 posted on 12/28/2012 4:03:15 PM PST by F15Eagle (1 John 5:4-5, 4:15, 5:13; John 3:17-18, 6:69, 11:25, 14:6, 20:31; Rom10:8-11; 1 Tim 2:5; Titus 3:4-5)
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To: WashingtonSource

Q:What’s the diff between the Obamahole and a normal human Obamahole?

A: More useful stuff comes out of the human Obamahole.

There is no lower life form in the multiverse than the Obamahole/felon/cretin/dork/etc/etc/etc.

He is slime, he is a sandworm, he is feces, he is smegma....


23 posted on 12/28/2012 4:05:15 PM PST by Da Coyote
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To: Broker
The jig is up!

Really!! I guess Reggie is back in Washington.

24 posted on 12/28/2012 4:05:52 PM PST by hflynn
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To: WashingtonSource

The wrecked plane represents the “esconomy”.....the guy represents I don’t know....All the guys will look buff and have talent.


25 posted on 12/28/2012 4:07:52 PM PST by Dallas59 (America died a little bit more on 11/6/2012)
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To: WashingtonSource

I’m sorry...I didn’t intend my comment to turn into a coming out party;-)


26 posted on 12/28/2012 4:19:53 PM PST by BreezyDog (Illegitimi non carborundum)
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To: WashingtonSource
Bloomberg listing of futures.
27 posted on 12/28/2012 4:22:35 PM PST by SubMareener (Save us from Quarterly Freepathons! Become a MONTHLY DONOR!)
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To: SubMareener

OK, I’m confused. Why does the Bloomberg futures say March 13? Is the other one (above) for March 13 also — as they are both down 226.


28 posted on 12/28/2012 4:37:47 PM PST by bunster
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To: WashingtonSource

It’s his dictatorial way he said it was why the markets were spoofed.


29 posted on 12/28/2012 4:48:28 PM PST by b4its2late (A Liberal is a person who will give away everything he doesn't own.)
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To: WashingtonSource
I got a virus block when I clicked on that link.

This is what was blocked: Blackhole Exploit Kit Detection

30 posted on 12/28/2012 5:01:14 PM PST by blam
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To: bunster

A “futures” contract is an agreement to pay a certain price for a stock, or index fund, on a certain date IN THE FUTURE. March 13, 2013 date is the the strike date of the contract. However, it seems that the futures price usually translates into the opening price move on the next day of trading.


31 posted on 12/28/2012 5:16:38 PM PST by SubMareener (Save us from Quarterly Freepathons! Become a MONTHLY DONOR!)
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To: SubMareener

Thanks — I thoght Futures were usually posted on Sunday night — I just haven’t seen one so far in the future for DOW — just commodities — but then I’m new at this. So I can feel comfortable putting that -226 in an e-mail. Thanks again.


32 posted on 12/28/2012 5:28:16 PM PST by bunster
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To: BreezyDog

i don’t think he crashed in to say “hello, miss!”


33 posted on 12/28/2012 5:41:21 PM PST by HiTech RedNeck (How long before all this "fairness" kills everybody, even the poor it was supposed to help???)
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To: WashingtonSource

Sorry but this is not accurate. At 3:40pm , with the Dow down about 80 points, but stable, Eamon Jafers went on CNBC from the White House and announced that based on his sources the President would not offer any new proposals. This really disappointed the markets because the perception was why come back from Hawaii if there wasn’t movement towards an agreement (remember that the House Reps were told to be back in town to vote on Sunday). This greatly disappointed the markets and the sell-off accelerated.

The futures selloff beyond that was a piling on due to low volume late in the session (if you wanted as a portfolio manager or hedge fund manager to either get short or lighten up positions you couldn’t when the market was open because there wasn’t enough volume to trade against. So those managers decided to sell futures against their position, resulting in this plunge after-hours. If it is a hedge against a long position it does not necessarily mean the sell-off will occur on the opening Monday.

The real issue as i see it is that Obama now looks like a fool for coming back to D.C. without a deal already decided. This looks like grandstanding to Wall Street (and they are right about that). It makes him look ineffective and the next wave will be whether the overseas investors pull money out Monday morning. The only saving grace in all this is that market participation is still pretty soft, which should limit some of the damage next week.


34 posted on 12/28/2012 6:02:45 PM PST by LRoggy (Peter's Son's Business)
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To: Da Coyote

I like using R Lee Ermeys line from FMJ:

You are pukes.
You are the lowest form of life on earth.
You’re not even (censored) human beings.
You’re nothing but grabastic pieces of amphibian (fecal matter).

Except Gunny was working with raw material to make Marines. The material of liberals are not even worth the matter they excrete.


35 posted on 12/28/2012 7:10:16 PM PST by Fred Hayek (The Democratic Party is the operational wing of CPUSA.)
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To: blam

Oh this going to be classic thread. Notice he is mission in action, what did he do... go hide under the bed.


36 posted on 12/28/2012 7:30:58 PM PST by Orange1998 (DO NOT PRESS CTRL W)
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To: F15Eagle
what's so funny???

37 posted on 12/28/2012 7:36:28 PM PST by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: BreezyDog

Not to worry. There’s not going to be a coming out party. I’ve figured out what happened. And the explanation for the how the link appeared is so weird, no one is going to believe it, so I’m not going to even try to explain.

I will say this much to add grist to the mill. The guy in the photo is one of the stars of the recently released Cirque de Soleil Worlds Away movie that was just released a few days ago.

Besides, the comments have been hysterically funny. No one has LOL’d more then me. Maybe next time I’ll mistakenly post a link to a leprechaun.


38 posted on 12/28/2012 8:30:51 PM PST by WashingtonSource
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To: LRoggy

I thought the futures market came into play after the market closed at the end of the day — and ahead of the market opening in the morning. Nobama came on TV at 5:45 pm. The futures crashed after that, as I understand it. The 227 point plunge in futures down to 12,777 is in addition to the 158 points the market fell during trading hours, when it closed below 13,000 at 12,938.

I’m not entirely sure what it all means. Maybe someone else has a better understanding of the futures market.


39 posted on 12/28/2012 8:47:19 PM PST by WashingtonSource
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To: WashingtonSource

The market closed at 4:00pm; the futures sell-off pretty much happened right after the close, WAY before Obama spoke. I’m a money manager and was watching this live. I stand by the belief the futures fall was tied to institutional managers wanting to hedge against their long positions.


40 posted on 12/29/2012 4:41:18 AM PST by LRoggy (Peter's Son's Business)
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To: LRoggy

OK. Thanks for the insight.


41 posted on 12/29/2012 7:17:30 AM PST by WashingtonSource
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