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Old 11-04-2008, 11:28 PM
 
Location: Imaginary Figment
11,456 posts, read 12,725,646 times
Reputation: 4760

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Who thinks it is going to rally tomorrow now that Obama is our President?

I think we're in for a big jump.
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Old 11-04-2008, 11:36 PM
 
Location: Dallas
4,625 posts, read 8,855,386 times
Reputation: 3838
Hell yeah! Simple equation: No war = prosperity.

=
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Old 11-05-2008, 12:12 AM
 
Location: Imaginary Figment
11,456 posts, read 12,725,646 times
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Asian stock markets rise as US elects Obama


HONG KONG Asian stock markets rose Wednesday, tracking solid overnight gains on Wall Street, as uncertainty about the next leader of the world's largest economy was lifted with Democrat Barack Obama's elevation to the U.S. presidency.

Many investors were hopeful that the new president would focus renewed energy on tackling deteriorating economic conditions in America a vital export market for Asian goods that have dragged on growth around the world.

The relief that came with the end of the U.S. election was an added boost to sentiment, which has improved on the belief that, as the credit crunch eases, world equities markets could see a year-end rally after October's brutal sell-off.

Obama's win "is an excuse for the market to rally. There's less political uncertainty and that gives investors more confidence in the short term," said Frank Gong, a Hong Kong-based managing director for JP Morgan Securities. "But technically it's more about the credit crisis settling down and the market's fear coming down."

Some analysts said the next administration would be hard pressed to deliver a quick fix to the many U.S. economic woes.

"Changing the president is not going to be enough to save the American economy," said Kazuo Mizuno, chief economist at Mitsubishi UFJ Securities Co. in Tokyo.


More (http://news.yahoo.com/s/ap/20081105/ap_on_bi_ge/world_markets - broken link)
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Old 11-05-2008, 12:13 AM
 
615 posts, read 947,738 times
Reputation: 133
down 2000!!!!!!!!!!!!!!!!
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Old 11-05-2008, 01:09 AM
 
2,659 posts, read 2,577,300 times
Reputation: 366
I'm investing tomorrow.
Not much, granted - but what I can afford to invest.
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Old 11-05-2008, 01:50 AM
 
Location: Imaginary Figment
11,456 posts, read 12,725,646 times
Reputation: 4760
Quote:
Originally Posted by Balco9 View Post
down 2000!!!!!!!!!!!!!!!!
Get a load of you. In one thread you advocate the murder of our newly elected president. In another you promise a 9-11 styled attack and tell another poster you wished it were in their city. Finally here you cheer on the financial demise of our financial markets.

You sure are a real chump ass.
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Old 11-05-2008, 02:22 AM
 
Location: North Side of Indy, IN
1,965 posts, read 2,424,839 times
Reputation: 655
My 401k sure could benefit from a rally. Here's to hoping!
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Old 11-05-2008, 02:52 AM
 
Location: Imaginary Figment
11,456 posts, read 12,725,646 times
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Quote:
Originally Posted by Politico View Post
My 401k sure could benefit from a rally. Here's to hoping!

I've renamed mine a 201k.
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Old 11-05-2008, 03:08 AM
 
1,544 posts, read 1,857,067 times
Reputation: 276
stock market will be good until the end of the year.

all of this economic crisis was staged so Obama has a weapon. haha
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Old 11-05-2008, 03:09 AM
 
Location: North Side of Indy, IN
1,965 posts, read 2,424,839 times
Reputation: 655
Quote:
Originally Posted by SLCPUNK View Post
I've renamed mine a 201k.
HAHAHA! Good call!
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