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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (93608)11/4/2008 4:18:31 PM
From: Mary Cluney  Read Replies (1) | Respond to of 541853
 
<<<The word 'discount' does not have a negative connotation. I am well aware that democratic presidents have historically been good for the stock market.>>>

The market has gone up 1500 on the DOW the past week in anticipation of an Obama victory today.

The Obama victory has been fully discounted. Some pull back may be in order, but I think the bottom is in place until and if we get some more bad economic news.