Dow just went under 11,000

archer wrote: Of course you all realize that the stock market rises and falls on none of these factors....yeah, you knew that.....but it is fun to hypothesize.

No, it's fun to try and pin it on the Obama administration.

Scruffy wrote:

archer wrote: Of course you all realize that the stock market rises and falls on none of these factors....yeah, you knew that.....but it is fun to hypothesize.

No, it's fun to try and pin it on the Obama administration.

sheesh scruffy, the conservatives here have tried to pin everything but their hang nail on Obama.....that is probably next.

archer wrote: Of course you all realize that the stock market rises and falls on none of these factors....yeah, you knew that.....but it is fun to hypothesize.

Really? If you don't believe high wealth individuals are divesting in the stock market and other investment vehicles because of the potential of large cap gains in 2011....you are naive. High wealth individuals make many investments based upon tax policy - corporations do too. Corporations have entire staffs dedicated to tax avoidance.

But why do you...care you just want to spend their money for them...instead of letting them invest it.

archer wrote:

Scruffy wrote:

archer wrote: Of course you all realize that the stock market rises and falls on none of these factors....yeah, you knew that.....but it is fun to hypothesize.

No, it's fun to try and pin it on the Obama administration.

sheesh scruffy, the conservatives here have tried to pin everything but their hang nail on Obama.....that is probably next.

Wrong again, Archer. Next, they will be blaming their erectile dysfunction on Obama. :jk2:

archer wrote: Of course you all realize that the stock market rises and falls on none of these factors....yeah, you knew that.....but it is fun to hypothesize.

Really? You honestly believe that high income people & croporations don't consider future tax policy before they make their market choices? Reality check please.

Although I think worries about Ireland's debt are also part of the current stock market plunge.

Scruffy wrote:
Wrong again, Archer. Next, they will be blaming their erectile dysfunction on Obama. :jk2:

We blame that on the lack of Bush.

We blame that on the lack of Bush.

rofllol - Exactly!

I just don't see a real reason to be invested in this market. What's the next big force? There's no internet boom - no housing boom - no dot com boom - no real reason for the market to go anywhere. The greenies say it will be a green energy boom - but I don't see that happening either.

There will be plenty of time to identify the next market mover - and right now I see nothing that might move it up. My opinion is that this market is being propped up by the government's policy of destroying the dollar.

As the dollar falls - the value of companies that can produce a product or service rises. Pretty scary.

residenttroll wrote:

Scruffy wrote:
Wrong again, Archer. Next, they will be blaming their erectile dysfunction on Obama. :jk2:

We blame that on the lack of Bush.

rofllol :rofl

residenttroll wrote:

Scruffy wrote:
Wrong again, Archer. Next, they will be blaming their erectile dysfunction on Obama. :jk2:

We blame that on the lack of Bush.

It reminds me of that picture I saw several years ago. It was two women holding a sign that said "Lesbians Against Bush".

I was like, "what the hell, lesbians against Bush? How can that be?" rofllol

Enjoy the ride down folks! It only gets worse.