It is not a terrorist attack nor is the re election of the one
Should be no surprise to any Freeper.
Marc Faber, who has an excellent market forecasting record is predicting the S & P 500 will drop by 50% due to the re-election of the commie pretender in chief. Video can be found at Bloomberg.com.
Daily news on the negotiations will drive levels.
After some kind of deal happens we still have Obamacare implementation and all kinds of goodies like potential new EPA regs to drive the market down.
Baghdad Bob told me it has nothing to do with Odopeo or his policies.
Quick - blame George Bush!
(reading Obama’s mind)
Strange - Wall Street backed liberal Democrats and their guys won....
Billy Ray Valentine: they're thinking, "Hey, we're losing all our damn money, and Christmas is around the corner, and I ain't gonna have no money to buy my son the G.I. Joe with the kung-fu grip! And my wife ain't gonna f... my wife ain't gonna make love to me if I got no money!" So they're panicking right now, they're screaming "SELL! SELL!" 'cos they don't wanna lose all their money, right? They're panicking out there right now, I can feel it.
Aside from the Santa Claus crowd, eight of the ten wealthiest counties in the nation voted for Zero.
They made their bed.
They took a leak in it.
Now they get to sleep in it.
Money going Galt.
An Obamatron on facebook yesterday said the market drop had nothing to do with Hussein’s re-election. He said it was about Europe and Greece. If it continues, he and all the others will drop back to their “Bush’s fault” position.
“And the S&P is now right on its 200-day moving average (the red line in this chart) which some people see as an important “support” level.
If we break through it, some people might freak out. “
I’m having a hard time telling — is that an infantile comment, or is it simply puerile?
DJIA closed, off 121.41 today.