Results 1 to 10 of 10
  1. #1 Market down. Guess whose "fault" it is... 
    Senior Member FDK's Avatar
    Join Date
    May 2008
    Posts
    1,597
    gattaca82 (28 posts)

    Have you noticed the market has been tanking since..

    since the polls have gotten close or show romney winning? this entire time esp during the summer.. when Obama was leading handidly the market was doing great.. Everyday i would wake up and id see the little green arrow on yahoo next to the stock ticker.

    Since the polls have tigtend and some have shown romney in the lead the market has started tanking.. if you read the articles it sais "corporate profit" blah blah. yeah bullshit!! its such a coincedence that basically since the first debate the market has been doing down. If you dont believe me just go to the stock graph bar and watch the graph line and which way its going and WHAT DATE it started on!

    Hey, DUmmie, just wait until you see the market climb on Nov. 7 after Romney is (hopefully) elected.

    http://www.democraticunderground.com/10021615570
    Reply With Quote  
     

  2. #2  
    Senior Member TVDOC's Avatar
    Join Date
    Apr 2010
    Location
    Kansas City
    Posts
    280
    For the most part, the market is down due to poor earnings forecasts.......even Apple is advising that they won't meet their goals......

    doc
    Reply With Quote  
     

  3. #3  
    Administrator SaintLouieWoman's Avatar
    Join Date
    Sep 2002
    Location
    Sarasota Florida
    Posts
    40,496
    It's tough to decide what to do. I firmly believe if Obama wins, the market will tank. I've sold some stock to take a year end tax loss to keep the IRS bill down, but hopefully if Romney wins, will buy it back 31 days after it was sold. If Obama wins, I'm going to wish that we had sold more.
    http://http://i145.photobucket.com/albums/r231/SarasotaRepub/83069bcc.png

    " To the world you are just one more person, but to a rescued pet, you are the world."

    "
    A Nation of Sheep Breeds a Government of Wolves!"


    Reply With Quote  
     

  4. #4  
    Senior Member FDK's Avatar
    Join Date
    May 2008
    Posts
    1,597
    Buy oil stocks on Nov. 5.
    Reply With Quote  
     

  5. #5  
    Administrator SaintLouieWoman's Avatar
    Join Date
    Sep 2002
    Location
    Sarasota Florida
    Posts
    40,496
    Quote Originally Posted by FDK View Post
    Buy oil stocks on Nov. 5.
    Coal stocks if Romney wins!!
    http://http://i145.photobucket.com/albums/r231/SarasotaRepub/83069bcc.png

    " To the world you are just one more person, but to a rescued pet, you are the world."

    "
    A Nation of Sheep Breeds a Government of Wolves!"


    Reply With Quote  
     

  6. #6  
    PORCUS MAXIMUS Rockntractor's Avatar
    Join Date
    Apr 2009
    Location
    oklahoma
    Posts
    42,139
    Quote Originally Posted by SaintLouieWoman View Post
    Coal stocks if Romney wins!!
    If Obama wins I would suggest goats.
    The difference between pigs and people is that when they tell you you're cured it isn't a good thing.
    http://i.imgur.com/FHvkMSE.jpg
    Reply With Quote  
     

  7. #7  
    Senior Member FDK's Avatar
    Join Date
    May 2008
    Posts
    1,597
    Quote Originally Posted by Rockntractor View Post
    If Obama wins I would suggest goats.
    And ammo. Lots and lots of ammo....
    Reply With Quote  
     

  8. #8  
    Administrator SaintLouieWoman's Avatar
    Join Date
    Sep 2002
    Location
    Sarasota Florida
    Posts
    40,496
    [QUOTE=FDK;533642]And ammo. Lots and lots of ammo....[/QUOT
    And food---like Glenn Beck recommends. Food prices and everything else will spike.
    http://http://i145.photobucket.com/albums/r231/SarasotaRepub/83069bcc.png

    " To the world you are just one more person, but to a rescued pet, you are the world."

    "
    A Nation of Sheep Breeds a Government of Wolves!"


    Reply With Quote  
     

  9. #9  
    Senior Member
    Join Date
    Mar 2010
    Posts
    3,269
    Quote Originally Posted by TVDOC View Post
    For the most part, the market is down due to poor earnings forecasts.......even Apple is advising that they won't meet their goals......

    doc
    Apple's Kindle Killer was unveiled today, and for the most part got raspberries from the experts. The problem is, the new mini Ipad sells for more than the Kindle and there is no real way for Apple to make money after they sell it to you. Kindle, on the other hand, is sold at cost and money is made for years and years through purchases and rentals at Amazon.

    Could be Apple made a marketing mistake.
    Reply With Quote  
     

  10. #10  
    Senior Member
    Join Date
    Mar 2010
    Posts
    3,269
    Quote Originally Posted by SaintLouieWoman View Post
    It's tough to decide what to do. I firmly believe if Obama wins, the market will tank. I've sold some stock to take a year end tax loss to keep the IRS bill down, but hopefully if Romney wins, will buy it back 31 days after it was sold. If Obama wins, I'm going to wish that we had sold more.
    I am short the market, and probably will remain short for some days to come. Looking for a correction of maybe......... 15% +- (?)

    I have had some success in down markets by buying SDOW, SDS, ERY, FAZ and TZA. For right now there is no reason for me to believe the market will go back up. 3M, DuPont, McDonalds are three examples of stocks with world wide exposure who simply cannot make money. Oil down to 88$. This is bad. Many wells cannot get oil out of the ground for less than 80$.
    Reply With Quote  
     

Bookmarks
Bookmarks
Posting Permissions
  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •