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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (44791)8/10/2010 9:01:43 AM
From: Peter Dierks  Read Replies (1) | Respond to of 71588
 
Buddy, I understand perfectly well. Don't forget that the stock market looks forward and instantly prices in the best available information. Prior to November 2008 the stock market had tanked in anticipation of Obama's Socialist agenda. The projection that Pelosi and Reid would control Congress multiplied the wealth destruction.

Normally the stock market has a correction when the incoming democrat President demostrates that he is not as anti business as feared. The stock market is still waiting for the opportunity for such a correction.