Dow just went under 11,000

The DOW has a complete separation from reality right now. Obama has done absolutely nothing to move it in either direction.

Of course not... (That's why there was 3 pages of trying to blame him for it when it dropped under 11,000.) I'm glad to see that someone admits that Obama had nothing to do with it.

Thanks.

LadyJazzer wrote: Yeah, isn't it interesting that the same folks that were so eager to hang the dip-below-11,000 around Obama's neck are suddenly so eager to attribute the rise-above-12,000 to: sunspots, sneezing, hickies-on-Michelle-Bachmann's-neck, or anything EXCEPT Obama's performance in office?

rofllol

I love it....

Obama has never had that much power. No president has.

Spending levels do have an affect on investor optimism, but it's mixed. Some were optmistic when talk of massive spending got serious, while others turned pessimistic.

It's all about the whim of the investors.

I have a theory that if the majority of the market fund managers get lucky in one night, the market will have a very good day. If they strike out, the market drops.

Now, we just need alerts regarding the sex lives of mutual fund managers to prove my theory - but that's a place I don't wanna go just to make a buck.

Funny...That's what we tried to say awhile back when the usual Obama-haters tried to hang the dip-below-11,000 around his neck...

Thank you, too...

I shall add your comments to my archive file for the next time the market takes a turn and the usual Obama-haters come out to attempt to hang it around his neck again.

LadyJazzer wrote: Funny...That's what we tried to say awhile back when the usual Obama-haters tried to hang the dip-below-11,000 around his neck...

Thank you, too...

I shall add your comments to my archive file for the next time the market takes a turn and the usual Obama-haters come out to attempt to hang it around his neck again.

How does one become this constipated? Aren't there warning signs that precede this level?[url=http://www.mysmiley.net:2z04wnh3] [/url] Who the hell saves comments made on an internet forum except the board archive. Amazing.

LadyJazzer wrote: Funny...That's what we tried to say awhile back when the usual Obama-haters tried to hang the dip-below-11,000 around his neck...

Thank you, too...

I shall add your comments to my archive file for the next time the market takes a turn and the usual Obama-haters come out to attempt to hang it around his neck again.

The point is, Obama is currently doing nothing. He isn't doing anything to make the economy better, and at least right now, nothing to make it worse.

He doesn't have any clue HOW to make it better, but he could do things to make it worse.

If he would actually make the hard decisions, instead of kicking the can further down the hill, he might make the DOW go down temporarily, but he would get respect from the nation for doing the right thing. Right now he just wants to shore up his political chances, instead of actually doing something for the long term viability of the country.

Very few politicians are willing to say what needs to be said. Too bad Christie isn't running in 2012. We could use his honesty.

The markets are manipulated. All the money to the banks did have an affect.......... All the money printed by the fed did have an affect........ Count on stocks going up over the long term when the government supplies money to the manipulators.

Faber Interview on U.S. Stocks
Jan. 25 (Bloomberg) -- Marc Faber, publisher of the Gloom, Boom & Doom report, discusses the outlook for the U.S. economy and stock market. He speaks with Matt Miller and Carol Massar on Bloomberg Television's "Street Smart." (Source: Bloomberg)

http://www.bloomberg.com/video/66163222/

rofllol i get the feeling he is not too impressed with the job obama has done. what do you think?