no shit. The dow today went from below 8000 (down around 275) to close around 8835, the turnaround triggered around while Bush was speaking at wall street.
Not that he really has to, since the election is past and he'll never be President again, but he ought to learn from Reagan's mistakes: markets believe the hype in the short run, but in the long term see through the hypocrisy.
What is wrong with these so-called leaders? They know what makes things better. Why don't they just get to it?
Yeah, it certainly looks that way, on the upside and the down. Plus it's probably coincidental. It's just that prospects of Obama's administration along with everything else have driven it to such lows. It was looking for an excuse to rally. And the "technical" analysts would say it tested bottoms just set in October, so it rallied on technicals. YOu know how everyone has a theory.
Is this what you guys mean by Voodoo Economics? The grownups seem to think this was what did it. However, judging from the dip around 10 a.m. EDT, the Donut Theory still has some merit.
Why don't you check the fucking date you idiot? Besides, if you even bothered to read through the few replies that said anything you would see my comment to marso that I didn't actually attribute the huge 10% Dow spike to Bush's words alone. But it happened in November. Good lord!! What exactly can we call your reading disorder, that apparently keeps you from noticing anything that could be pertinent to the actual discussion (or attempt at discussion, in the case of this thread), or even the date of the event? Yet it leaves you coherent enough to make an otherwise arguable point that's on topic? Selective garamet assimilation disorder? Anyone? Perhaps you seek to challenge Liet for worst example from the left of person with IQ points but no sense? Hah. Fat chance.
Frankly, I just glanced at the thread title, Miniver. Had I known it was a nostalgia piece for your long-lost Glory Days, I'd have passed it by. Usually when someone posts something so long out of date they get pounced on: That you escaped could mean that I wasn't the only one who didn't notice you were posting something that was six months old, or that they really don't care. Hard to tell with this crowd. That said, I find it interesting that people seem to think it's a *good* thing that brokers are hyperactive children who piss themselves with excitement and run home to tell their spouses "He touched me! He put his hand in mine, and then he touched me!" If those are the people you trust to manage your finances and your future, well, what does that say about you?
