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Markets up 300!!! I think they know something.
Marketwatch ^ | 11/4/08 | Marketwatch

Posted on 11/04/2008 8:35:02 AM PST by Ravi

Bulls cast their ballots early...

(Excerpt) Read more at marketwatch.com ...


TOPICS: Breaking News; News/Current Events; Politics/Elections
KEYWORDS: mccain; palin
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More good news.
1 posted on 11/04/2008 8:35:04 AM PST by Ravi
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To: Ravi

I figured the market would skyrocket if McCain wins — we’ll see.


2 posted on 11/04/2008 8:36:36 AM PST by varina davis (Life is not a dress rehearsal)
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To: Ravi

Yeah, they know it’s almost over.

Market goes up no matter who wins. But with an Obama win... it will come back down, and then some.


3 posted on 11/04/2008 8:37:00 AM PST by brownsfan (Algore makes P.T. Barnum look like a piker.)
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To: Ravi

How could the markets know anything we don’t?

I’m not saying its lost (I have no idea), but all the polls suggest at the very least an Obama slim win.

I would love to believe otherwise, but I don’t think this means anything — especially right now. The dow could be down 250 by the end of the day.


4 posted on 11/04/2008 8:37:01 AM PST by 1L
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To: Ravi

And the Bulls aren’t listening to the BS of Obama.


5 posted on 11/04/2008 8:38:28 AM PST by RC2
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To: Ravi

Doesn’t mean anything. This is a stupid vanity that doesn’t belong in the Breaking News section.


6 posted on 11/04/2008 8:38:37 AM PST by bluefish (NoBama! Because Commies Suck)
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To: 1L

The markets usually know everything. Somebody may have seen the internal polls with McCain up.


7 posted on 11/04/2008 8:40:03 AM PST by Frantzie
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To: Ravi

It’s going up so they have a higher position to sell from once/if the messiah wins.


8 posted on 11/04/2008 8:40:13 AM PST by MarkeyD (THE DEMOCRATS LIED, THE ECONOMY DIED.)
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To: Ravi

Probably due to more Treasury money coming soon. The markets don’t know chit.


9 posted on 11/04/2008 8:40:13 AM PST by King Moonracer (Bad lighting and cheap fabric, that's how you sell clothing.)
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To: Ravi

Well, it could be the end of the uncertainty about what direction the country will be heading. Of course, if it’s the hope-n-change direction, we’ll see a runup followed by a drop off the cliff.


10 posted on 11/04/2008 8:40:21 AM PST by Harry Wurzbach (Joe The Plumber & Rep. Thaddeus McCotter are my heroes.)
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To: Ravi

Leading indicator.........McCain WINS


11 posted on 11/04/2008 8:40:52 AM PST by 1Old Pro (Obamarx wants Redistributive Reparations)
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To: 1L
I’m not saying its lost (I have no idea), but all the polls suggest at the very least an Obama slim win.

I think it is a 'last hurrah!' and expect a sell off late in the day or tomorrow.

12 posted on 11/04/2008 8:41:17 AM PST by Zevonismymuse
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To: Ravi

They know Obama will win, and that for a short time at least, a lot of naive people will suddenly be overflowing with confidence and enthusiasm and run out and buy lots of stuff they don’t need. Then said naive people’s next credit card bills will come, and they still won’t have bigger paychecks or lower taxes, and so they’ll be broke during the holiday shopping season, and sales will suck and the market will tank again.


13 posted on 11/04/2008 8:42:02 AM PST by GovernmentShrinker
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To: Ravi

It could mean they expect Obama + inflation.


14 posted on 11/04/2008 8:42:31 AM PST by Asceticon
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To: Ravi

If you feel discouraged read Obama is Toast


15 posted on 11/04/2008 8:42:49 AM PST by truthandlife ("Some trust in chariots and some in horses, but we trust in the name of the LORD our God." (Ps 20:7))
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To: Ravi

The markets are up today because the uncertainty about who will be POTUS is about to come to an end.

Historically, the markets generally do better under a Democratic prexy than a Republican one.

Mr. Obama may be different.

Viva McCain/Palin!


16 posted on 11/04/2008 8:43:15 AM PST by RexBeach ("There is no such thing as a good tax." Winston Churchill)
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To: Ravi
Not really ~ just some hedgefunds unloading Russell 2000 stocks and picking up Dow bargains.

Everything normal.

Tomorrow it will be different.

17 posted on 11/04/2008 8:43:42 AM PST by muawiyah
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To: Ravi

The markets are up today because the uncertainty about who will be POTUS is about to come to an end.

Historically, the markets generally do better under a Democratic prexy than a Republican one.

Mr. Obama may be different.

Viva McCain/Palin!


18 posted on 11/04/2008 8:43:52 AM PST by RexBeach ("There is no such thing as a good tax." Winston Churchill)
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To: GovernmentShrinker

I see the Obama psy ops team is firing on FR today.

are you Obama folks that stupid ?


19 posted on 11/04/2008 8:45:01 AM PST by se_ohio_young_conservative (Sarah for VP !)
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To: 1L

McCain’s internals. Or maybe they’ve read “Toast.”


20 posted on 11/04/2008 8:45:11 AM PST by Genoa
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To: 1L
How could the markets know anything we don’t?

Because the "skull and bones" guys that run the markets received early news on what the "skull and bones" guys that rig the elections are doing /conspiracy>

21 posted on 11/04/2008 8:47:19 AM PST by Rokurota
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To: All

Please remove this from breaking news. Thanks for the information - I am not a market expert. I thought there might be a huge sell-off if it looks like Obama might win. There appear to be many reasons why the market is up today so take this with a grain of salt.


22 posted on 11/04/2008 8:47:26 AM PST by Ravi
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To: Ravi

I don’t have clue one about what makes this market go up or down, whether or not Obama makes its leg tingle, or McCain makes it sizzle, but I do know an Obama win Carterize everything.


23 posted on 11/04/2008 8:48:00 AM PST by pallis
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To: GovernmentShrinker
They know Obama will win

No, they don't.

24 posted on 11/04/2008 8:48:30 AM PST by impeachedrapist (Bill Clinton, as Arkansas Attorney General did you make Juanita Broaddrick pay for her rape kit?)
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To: RexBeach

25 posted on 11/04/2008 8:48:41 AM PST by MarkeyD (THE DEMOCRATS LIED, THE ECONOMY DIED.)
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To: Frantzie

Your first comment is absurd, and the second is wishful thinking.


26 posted on 11/04/2008 8:49:48 AM PST by 1L
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To: Ravi

It means that if Obama gets elected, they get more money from the government. They can hardly wait.


27 posted on 11/04/2008 8:49:50 AM PST by jerod (They were pro-abortion, for gun control & wanted a cleaner environment at all cost - The NAZI party)
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To: Ravi

The market knows, huh? How about being more specific, like, are defense stocks getting hammered? Are coal stock getting hammered? Are alternative energy stock increasing? What are government bonds doing?


28 posted on 11/04/2008 8:50:25 AM PST by Obadiah (If McCain wins will the NYTimes report it?)
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To: Ravi

Buy on the rumor,
Sell on the news.


29 posted on 11/04/2008 8:51:37 AM PST by MindBender26 (Never kick a leftist when they are down. Wait 'til they're halfway back up! You get better leverage!)
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To: brownsfan

“But with an Obama win... it will come back down, and then some.”

Yes, especially when the reality of The One’s economic plan comes to light with the madness of tax hikes on the horizon.


30 posted on 11/04/2008 8:52:59 AM PST by ScottinVA
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To: Ravi

And Unleaded Reg’lar is down to $1.879/gallon.

AND, I voted for McCain-Palin and got a free cup of coffee from the leftists at Starbucks. Bwahahahahahahaha!


31 posted on 11/04/2008 8:53:01 AM PST by savedbygrace (SECURE THE BORDERS FIRST (I'M YELLING ON PURPOSE))
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To: MarkeyD

I wrote “generally.”

The markets have been for crap since Mr. Bush was elected.

The Dow on 12/30/2000 : 10786.85

The Dow on 11/3/2008 : 9323.89


32 posted on 11/04/2008 8:54:23 AM PST by RexBeach ("There is no such thing as a good tax." Winston Churchill)
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To: Ravi

Regrettably, the markets could be driven today by the optimism of very rich investors counting on victory for the anti-Christ. Folks with financial assets of more than $10 million tend to be more liberal, and often, the richer they are, the more liberal they are.


33 posted on 11/04/2008 8:54:26 AM PST by sitetest (If Roe is not overturned, no unborn child will ever be protected in law.)
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To: Obadiah

Govt. bonds flat.. This is a McCain rally..Period.. Stocks are leading indicators..


34 posted on 11/04/2008 8:56:53 AM PST by Broker (VOTE McCain/Palin! !)
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To: 1Old Pro
It is a leading indicator.
35 posted on 11/04/2008 8:57:50 AM PST by WKL815 (If the phrase "personal responsibility" makes you defensive, you may be a liberal.)
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To: 1Old Pro
It is a leading indicator.
36 posted on 11/04/2008 8:58:02 AM PST by WKL815 (If the phrase "personal responsibility" makes you defensive, you may be a liberal.)
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To: 1L

>>>How could the markets know anything we don’t?

Lets put it this way....

If you are a democratic pollster for the MSM, you have done your job well beyond expectations regardless of the outcome of the elections. Your job is secure.

If however, you are a pollster for stockholders and investors, and you get this wrong... your name is mud, and you better start looking for a new line of work... like polling for the democratic propaganda machine.

There are two types of polls... those for making sound investments, and the other for shaping public opinion.


37 posted on 11/04/2008 8:58:05 AM PST by Safrguns
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To: savedbygrace
Yeah I went to starbucks after voting too. The "barista" said "you can have a free cup of coffee DEPENDING ON WHO YOU VOTED FOR".

After my icy stare she poured it anyway.

38 posted on 11/04/2008 8:58:34 AM PST by LimaLimaMikeFoxtrot ("If you don't have my army supplied, and keep it supplied, we'll eat your mules up, sir"-Gen.Sherman)
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To: RexBeach

The markets have been for crap since Mr. Bush was elected.

The Dow on 12/30/2000 : 10786.85
__________________________________________

Wouldn’t a better starting point be the day after the election or when President Bush was sworn in?


39 posted on 11/04/2008 8:58:49 AM PST by Rumierules
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To: 1L
How could the markets know anything we don’t?

Those betting hundreds of billions of dollars of bonds, stocks, currencies, do you really think they don't set themselves up to get a sneak peek at the exit interview numbers?

40 posted on 11/04/2008 8:59:30 AM PST by AmericaUnited
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To: RexBeach
Those numbers simply confirm that it is a secular bear market. Secular meaning it lasts a long time, and bear in the sense that over that time the market goes up, and comes down, and repeats that cycle but ends up about where it started. You can make money in a secular bear market by playing those swings, but if you're a long-term buy-and-holder, you're going to be devastated by the time value of money effect.
41 posted on 11/04/2008 9:00:43 AM PST by chimera
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To: jerod
It means that if Obama gets elected, they get more money from the government. They can hardly wait.

Have you heard about Obama? Are we talking about the same Obama? 'Cause the Obama we're talking about is a socialist who hates America's capitalists. Your assertion is ridiculous. Thus, the ridicule.

42 posted on 11/04/2008 9:02:42 AM PST by WKL815 (If the phrase "personal responsibility" makes you defensive, you may be a liberal.)
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To: Ravi
One good thing about time seeming to go faster as you get older is, I still remember the last election pretty good, and the comments - i.e. gloom and doom - on FR looks amazingly similar to the last election.

Remember, it ain't over until it's over...no matter what all of the hairspray honchoes on the networks say.

The best thing to do is just go on with your day like normal; once you have voted, at this late date you've done about everything you can do.

I think - excepting for voter fraud - that McCain/Palin wins...but there is always that voter fraud. The dems have tried it in the last two presidential elections, and this time it's even more likely.
43 posted on 11/04/2008 9:05:27 AM PST by FrankR (When Obama Raises TAXES, Employers will sharpen AXES. - Frank R)
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To: LimaLimaMikeFoxtrot
The "barista" said "you can have a free cup of coffee DEPENDING ON WHO YOU VOTED FOR".

"I voted for the next President of the United States. Who did you vote for?"

44 posted on 11/04/2008 9:10:58 AM PST by savedbygrace (SECURE THE BORDERS FIRST (I'M YELLING ON PURPOSE))
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To: Rumierules

Wouldn’t make much difference.


45 posted on 11/04/2008 9:12:45 AM PST by RexBeach ("There is no such thing as a good tax." Winston Churchill)
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To: Ravi

Uranium stocks are up huge today. They would do very well under a McCain administration, as he has called for the construction of many more nuclear reactors. They would NOT do well under Obama. Why are they up 15-25% today???

http://finance.yahoo.com/q?s=CCJ

http://finance.yahoo.com/q?s=URRE

http://finance.yahoo.com/q?s=DNN


46 posted on 11/04/2008 9:12:46 AM PST by Deo volente
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To: Frantzie
The markets usually know everything. ...

Unfortunately, most of the traders on Wall Street haven't been alive and aware long enough to remember much of Clinton, let alone Reagan. Think about it... a broker with a 20 year career that's never seen anything but bull markets briefly interrupted by a couple of corrections.

They don't know jack.

47 posted on 11/04/2008 9:14:31 AM PST by Ramius (Personally, I give us... one chance in three. More tea?)
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To: chimera

Correct! That’s why I put up those numbers.


48 posted on 11/04/2008 9:15:00 AM PST by RexBeach ("There is no such thing as a good tax." Winston Churchill)
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To: Ravi
The markets know that W will be retiring soon.

Seriesly though, there are signs that banks are loosening their grip on cash.

49 posted on 11/04/2008 9:18:32 AM PST by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: Ravi

The Fox Business dunce said it’s because of anticipation of an Obama presidency.


50 posted on 11/04/2008 9:21:12 AM PST by My Favorite Headache (Forget the 3AM phone call. Obama can not even answer the phone at 3PM.)
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