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500 points enough of a loss, or should we be seeing more?
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That doesn't explain the extreme moves. The fact is, no one has any idea where the market is going so they just try to follow movements.Originally posted by snoopy369
Stock markets always go down when a democrat is elected. The fact that it was big was largely due to the run-up, I assume...
You can pretty much sell the Dow short if a democrat is elected...I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
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Originally posted by Kidicious
That doesn't explain the extreme moves. The fact is, no one has any idea where the market is going so they just try to follow movements.
I just explained it... it always moves down, and it's psycho****land right now in the markets, so everything is TO THE MAX, and the market had just moved up a lot the day before. These are well understood phenomena ... if I had any money to invest, I'd have put it full bore into shorting the Dow yesterday. Sadly I don't
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I like your SNOOPY POSTER! - While you Wait quote.Comment
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All you said was that it goes down when a democrat is elected president.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
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