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Stock Markets crushed on Republican win

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DrToast Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-20-10 11:48 AM
Original message
Stock Markets crushed on Republican win
Edited on Wed Jan-20-10 11:49 AM by DrToast
U.S. Stocks Drop Most Since November

I'm not going to pretend to divine the motives of "the market" (there are other things happening today), but you know damn well that this would have been the story if the tables were reversed.

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monmouth Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-20-10 11:50 AM
Response to Original message
1. That guy Kramer/Cramer, whatever, should be ready to jump..lol..n/t
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DrToast Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-20-10 11:52 AM
Response to Reply #1
2. Yeah, he said the markets would soar today if Brown won. (nt)
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Rosa Luxemburg Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-20-10 11:54 AM
Response to Reply #2
4. LOL
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louis-t Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-20-10 11:53 AM
Response to Reply #1
3. Again! I think he lost everything in the '87 crash.
Or maybe it was the dotcom thing.
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Gidney N Cloyd Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-20-10 11:54 AM
Response to Original message
5. But...
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DuaneBidoux Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-20-10 11:58 AM
Response to Original message
6. Looks like the markets gave Republicans the kind of rally they usually do.
I remember reading last night how the markets (futures I suppose) had all turned north after the Brown win.

Don't bother to study history--this is the response the markets usually give Republicans.
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Clear Blue Sky Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-20-10 12:17 PM
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7. Probably profit taking after yesterday's jump.
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