The biggest one day drop this year.
Dow Jones Industrial Average: INDEXDJX:.DJI quotes & news - Google Finance
Dow Jones Industrial Average: INDEXDJX:.DJI quotes & news - Google Finance
Dow Jones plunges 312 points the day after Obama gets re-elected
- Thread starter KingpinOG
- Start date
The biggest one day drop this year.
So? Businesspeople are some of the most mentally frail, shook individuals on the planet. Even Groundhogs' Day affects the stock market. Many of them are convinced Obama is out to snatch money directly out of their pockets, which is sadly not the case. Anyway, the fiscal cliff talk is what really has them scared.
lol at you five starring your own thread
it's not cause of obama it's cause of this
http://www.the-coli.com/higher-learning/57299-fiscal-cliff-discussion.html
which was already set to happen a long time ago
http://www.the-coli.com/higher-learning/57299-fiscal-cliff-discussion.html
which was already set to happen a long time ago
Dusty Bake Activate
Fukk your corny debates
This all you got Skippy?
This angry bastid QueenpinOG don't realize Wall Street been flourishing under Baracka? nikka, you can do better than this.
u ain't shoot ur self YET
The fiscal cliff has been looming all year.
The stock market didn't have its worst decline of the year until the very day Obama won re-election. Open your eyes to reality.
Piff Perkins
Veteran
Fiscal cliff and Europe. And if you gonna blame Obama for all the market's volatility, give him dap for the Dow going from 6k to 13k since he's been president. Take that take that.
The biggest one day drop this year.
Dow Jones Industrial Average: INDEXDJX:.DJI quotes & news - Google Finance
Came up $9500 today off AAPL options and the E-mini S&P 500. Days like today are when money is made. Good for traders.
oh today's sell off had nothing to do with the election? ... just like Benghazi had nothing to do with terrorism..
oh today's sell off had nothing to do with the election? ... just like Benghazi had nothing to do with terrorism..
it's to do with the next event their sights are on
they probably think Obama is not going to be able to make a deal in time
if you're plugged into the scene ask your trader brehs if you don't believe me
the stock market is not a sophisticated economic analysis tool though breh... these guys are basically guessing and gambling... see how it works over time for a good indication of some environment's economic health rather than day to day
That's that CNBC mentality you got there. It's obvious today was reactionary to election. Wall St wanted Romney. Nuff said.
That's that CNBC mindset you got there. It's obvious today was reactionary to election. Wall St wanted Romney. Nuff said.
Okay I googled a bit and you're probably right.. it was a mix of factors
however I stand by my point that the traders are stupid to see an obama win as an economic negative indicator and we certainly shouldn't pay attention to their day to day fears like this
