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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (189132)	3/7/2009 7:44:45 AM
From: Poet	Read Replies (1) \| Respond to of 306849

Well said, Scott. The only thing I'd add is that it appears that those who supported Obama in the election seem to be more patient-- even while being somewhat disappointed by a number of the administration's actions-- than those who did not support him. And now we're hearing their cries about how "The One" did not "sabe" (bad odor there) us in his first week, his first month. This isn't honest discourse-- it's low-level partisanship at the expense of the greater good. To any American who wants Obama, the administration, and this country to fail, I say bon freaking voyage. Try to find a "safe" beach anywhere in the world to park your butt for the next four years. -ng

To: stockman_scott who wrote (189132)	3/7/2009 10:07:46 AM
From: Jim McMannis	Read Replies (5) \| Respond to of 306849

The DOW was 9625 on the day Obama won the election, 11/4/08. Now it's 3100 lower. If you figure the market anticipates 6 months out that Obama would win then it was 12,900 on 5/5/08. About the time he beat Hillary. So it's halved from then. I guess it's an excercise in when the market anticipates because it does. Of course all this subjective. g