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Dow is down over 300 Points
Posted on 11/7/12 at 11:11 am
Posted on 11/7/12 at 11:11 am
I guess the financial industry didn't like the election results.
Posted on 11/7/12 at 11:13 am to CajunTigerBabe
Questions about tax hikes at the end of the year and cuts in government spending leave a lot of uncertainty in the market
Posted on 11/7/12 at 11:19 am to CajunTigerBabe
I have a people a ton of selling is about to happen. Cap gains taxes are never going to be this low again. There will be at least a 3.8% increase to pay for part of the Obamacare program.
This'll put even more cash on the sideline and hurt the market more.
This'll put even more cash on the sideline and hurt the market more.
Posted on 11/7/12 at 12:45 pm to CajunTigerBabe
Meh. It's a 2% sell off for a major event finally happening. "buy on rumor, sell on news". That is all that is occuring. I'll take a friendly wager that it is back to Tuesday's close in less than 30 days.
Posted on 11/7/12 at 4:19 pm to CajunTigerBabe
Anybody surprised by this wasn't paying attention. The markets MIGHT come back up once BHO resumes the overtime operations of the government printing presses, but once he shows his true colors with an all-out war on the energy and petrochemical sector and anyone else producing a product, we are in for a really bad time of it.
(Disclaimer-by "we" I mean people that actually work for a living and not on the government dole)
(Disclaimer-by "we" I mean people that actually work for a living and not on the government dole)
Posted on 11/7/12 at 8:05 pm to CajunTigerBabe
quote:
Dow is down over 300 Points
Obama's America.
Posted on 11/7/12 at 8:52 pm to CajunTigerBabe
I don't think it was the election as much as EUR/USD. Market started tanking about the time Draghi Spoke this morning and the Euro fell.
Could be some cap gains selling although we did ours months ago.
Could be some cap gains selling although we did ours months ago.
Posted on 11/7/12 at 10:12 pm to CajunTigerBabe
What's the best way to prepare for the "fiscal cliff"? I just don't see compromise happening.
Posted on 11/9/12 at 12:34 am to CajunTigerBabe
doesn't say too much about the efficient market theory.
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