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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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To: AmericaUnited

Have you looked at their losses lately? Did they, just for a short period, not do their due diligence, or could it be that they are sometimes wrong?

I believe those who are driving up the average on Wall Street today know less about what’s going on politically than you do from being on FR right now.


51 posted on 11/04/2008 9:21:47 AM PST by 1L
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To: Ravi

Probably an effort to pump and then short.


52 posted on 11/04/2008 9:46:16 AM PST by Rockitz (NObama 2008- Strange we ain't believin')
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To: WKL815

My implication is that the money masters on wall street will receive more government handouts. It was not that they will make more money from business dealings created by the ‘One’.

The bottom line is this... Big business loves a liberal, because liberals are always more willing to give them the taxpayers money to conduct enterprise, as apposed to conservative governments, who force them to use their own money to conduct enterprise.

Irving Oil - the local billionaires in my neighborhood, conduct several business ventures using my money (i.e. taxpayers money) instead of theirs. It’s really quite a lovely system for them and that’s why they’ve always supported liberal candidates.


53 posted on 11/04/2008 9:50:19 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: Deo volente

While I agree that uranium stocks would do well under a McCain administration, the entire energy sector is up today, which might also support your conclusion.

Here is a neat website, which on the right hand side shows the entire S&P 500 divided by sector and market cap. The energy sector is in the upper right hand corner, dominated by XOM. It’s all green today. Of course, by the time you see this, the market could move down.

http://www.finviz.com/


54 posted on 11/04/2008 10:10:05 AM PST by KAUAIBOUND (Hawaii - paradise infested with left-wing cockroaches and centipedes)
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To: Ravi

I think the markets are improving because the credit markets are loosening somewhat.

I have been watching CNBC this morning and there seems to be a general rally as confidence improves.


55 posted on 11/04/2008 10:11:27 AM PST by ChurtleDawg (voting only encourages them)
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To: Obadiah

everything seems to be up today, actually. Investor confidence has improved.

plus, the banks are looking forward to a massive Obama bailout.


56 posted on 11/04/2008 10:14:04 AM PST by ChurtleDawg (voting only encourages them)
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To: RexBeach

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

~~~

DITTO!!

Our two years’ long, national nightmare is finally
over. We will have an outcome ... at some point,
the uncertainty will end, albeit possibly through
the courts. But there will be a conclusion.

Nothing freaks the market more than unsettled
events.

If it’s concluded with 0 being the president, it
won’t be long before the market falls.


57 posted on 11/04/2008 10:26:09 AM PST by STARWISE (They (Dims) think of this WOT as Bush's war, not America's war-RichardMiniter, respected OBL author)
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To: KAUAIBOUND

Thanks for the link. I’ve bookmarked it.

I bought into an Energy mutual fund a few days ago. It was down 44% for the year-to-date, so I figured it was near the bottom.


58 posted on 11/04/2008 10:56:14 AM PST by Deo volente
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To: Ravi

I don’t know about that... the market volume so far is average which tells me that big money isn’t betting yet... it is more like the gamblers and speculators... not much of an indicator in my opinion...


59 posted on 11/04/2008 11:52:54 AM PST by John123 (The US may be going down the drain, but everyone else will drown first...)
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To: Ravi

Yeah, they know they can stop manipulating it now.


60 posted on 11/04/2008 1:16:49 PM PST by sageb1 (This is the Final Crusade. There are only 2 sides. Pick one.)
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To: MarkeyD
Sorry if this has been repeated a zillion times... but yes, I've been telling everyone about what happened at the end of Clinton's presidency. Foreign money in our markets is HUGE, and it pulls out in advance of a presidential change just to be safe. It goes back in our market after the presidential change, regardless of who the new president is. (At least this is my story and I'm sticking to it.)
61 posted on 11/04/2008 3:54:01 PM PST by BagCamAddict (In New Orleans, where the offices were ghost towns today -- voting, or preparing to riot? Hmmmm.)
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To: Ravi

I thought of this too, may mean nothing or if Mac loses look for a hard down the 5th.


62 posted on 11/04/2008 4:05:19 PM PST by Waco ( G00d bye 0'bombers)
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To: Perdogg; AdmSmith; Berosus; Convert from ECUSA; dervish; Ernest_at_the_Beach; Fred Nerks; ...

“Buy on mystery, sell on history.” — Paul Kangas


63 posted on 11/04/2008 5:37:53 PM PST by SunkenCiv (https://secure.freerepublic.com/donate/_______Profile finally updated Saturday, October 11, 2008 !!!)
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To: FrankR
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.

Yes, and it does seem like 2006 again, doesn't it? Still people making rose-colored-glasses, Ostrich-Brigade comments, too.

64 posted on 11/04/2008 5:49:35 PM PST by Gondring (Paul Revere would have been flamed as a naysayer troll and told to go back to Boston.)
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To: Rockitz

Dow futures are turning negative. -61, not terrible, but lower than what it was an hour ago.


65 posted on 11/04/2008 5:52:20 PM PST by July 4th
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