The stock markets aren't happy with the election results.

Discussion in 'Blazers OT Forum' started by blazerboy30, Nov 7, 2012.

  1. magnifier661

    magnifier661 B-A-N-A-N-A-S!

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    Hahaha. I don't have many hills of gold. Remember I'm divorced twice and have 3 kids. My child support it $5,175 and I'm in a nice BULLSHIT tax bracket; without any "write off" for that child support. :P
     
  2. TripTango

    TripTango Quick First Step

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    Third times the charm!

    When are you back in town, Mags? I want updates on your research.
     
  3. RoyToy

    RoyToy Clown Town

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    Time to update this thread?
     
  4. magnifier661

    magnifier661 B-A-N-A-N-A-S!

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  5. blazerboy30

    blazerboy30 Well-Known Member

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    With what?
     
  6. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    as has been said, once the fed stops pumping and raises interest rates, the markets will fall back to earth and then some. this bubble is nothing more of wealthy investors getting a free ride on the government's dime. recent sell offs have been in response to hints that the party of fed infusion may be tapering off.
     
  7. The_Lillard_King

    The_Lillard_King Westside

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    Well the idea behind the thread is the market is some kind of reaction of election results. If true, I guess the market likes the election results?

    We sure haven't had the doomsday in the market some predicted would happen with Obama in office.
     
    Last edited: Feb 25, 2013
  8. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    of course not. They're still keeping interest rates near zero and continuing pumping billions into the economy every month to keep it afloat. The "temporary fix" has become the new normal. When the new normal becomes the old normal, then shit will get mad real.

    watch what happens to Japan in the next few months. preview of coming attractions.
     
  9. drexlersdad

    drexlersdad SABAS

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    seems like a smart person could capitalize on such an inevitable decline in the stock market
     
  10. The_Lillard_King

    The_Lillard_King Westside

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    I know, I know . . . doomsday coming soon!
     
  11. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Yeah, why do you think the DOW is so high? Investors riding the bubble. They will abandon it all at once when it pops and it'll be messy. Right after the election, Bernanke and the FED went and started jerking the markets off again by having more Easing, this time open ended and tying it to the unemployment rate (wtf). $40b a month and then some....

    market has reacted last week to hints that the fed may finally ease up on QE....which triggered a sell off late last week.
     
    Last edited: Feb 25, 2013
  12. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    totally healthy economy, bro.

    [video=youtube;6ZrdOw-FjeI]http://www.youtube.com/watch?v=6ZrdOw-FjeI[/video]
     
  13. jlprk

    jlprk The ESPN mod is insane.

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    You and I must have missed the post-November national election and its stock market reaction.
     
  14. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    The Fed is printing $85B per month.

    You'll like this:

    http://www.zerohedge.com/news/2013-02-23/when-fed-has-print-money-just-print-money
     
  15. The_Lillard_King

    The_Lillard_King Westside

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    No you didn't miss anything, election results haven't changed, Obama is still the president, which must means the stock market is still way down because the stock markets aren't happy with the election results, and the results haven't changed.
     
  16. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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  17. blazerboy30

    blazerboy30 Well-Known Member

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    You're kidding right? Did you see the market reaction at just the hint that the QE might be reduced? This market is completely artificial.
     
  18. magnifier661

    magnifier661 B-A-N-A-N-A-S!

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    I think you should really understand the market though. The Dow is down from time of election, FYI. There are new laws waiting to be passed that haven't. There was a moment yesterday when there was a notion that there would be a tax hike and the Dow went to shit.

    If you don't believe the Market is mainly speculative, then you just don't understand the market. There are reasons why a company with a high P/E still drops because someone sold off half their shares. Sometimes a hedge is taking profits, but the market sees it as some sign the stock will fall dramatically. That is speculative!
     
  19. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Basically the looming threat at that time was this "fiscal cliff" and what to do. What did Obama do? He kicked the can down the road and now its called the "sequester" and he'll scare everyone and then kick the can down the road a little more and more until we reach the end of the road. There is no recovery, everything that's happened has essentially been kicking the can down the road. You can't do it forever.
     
  20. blazerboy30

    blazerboy30 Well-Known Member

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    It will happen, but timing it is the difficult part.

    I was all long until last Thursday. I started building up a short position today. I would be wrong this time. If so, I'll cut the losses and try again.
     

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