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DJI and others worldwide hit one-month high when Obama announced economic plans

:roll: This has been one of the most volatile months in a while. Maybe all the fraidy cats were just done selling?
 
Yes, that's why steel and other industries that would benefit from large infrastructure projects saw significant gains...
 
Originally posted by: TallBill
:roll: This has been one of the most volatile months in a while. Maybe all the fraidy cats were just done selling?
Click to expand...

A 200+ jump? Unlikely, even with market volatility. If you've been paying attention at all, all other 100+ bumps in the market for the past several months have been due to some piece of good news.
 
Also don't forget the markets tanked over the two days after Obama won election. 😛 Lost 10% of its value.

Hey, if you're going to play this game, let's just make sure we include everything. 😀
 
Originally posted by: Eeezee
Originally posted by: TallBill
:roll: This has been one of the most volatile months in a while. Maybe all the fraidy cats were just done selling?
Click to expand...

A 200+ jump? Unlikely, even with market volatility. If you've been paying attention at all, all other 100+ bumps in the market for the past several months have been due to some government handout plan.
Click to expand...

fixed
 
Originally posted by: cubby1223
Also don't forget the markets tanked over the two days after Obama won election. 😛 Lost 10% of its value.

Hey, if you're going to play this game, let's just make sure we include everything. 😀
Click to expand...

This.
 
Originally posted by: cubby1223
Also don't forget the markets tanked over the two days after Obama won election. 😛 Lost 10% of its value.

Hey, if you're going to play this game, let's just make sure we include everything. 😀
Click to expand...

We wouldn't want to include everything, then we would have to face reality.
 
So the dow jones is down over 200 points today. Seems Wall Street does not trust Obama's plans on environmental issues. What now?

(I'm sorry, any time I see Al Gore all I can think about is Manbearpig 😉 )
 
Originally posted by: cubby1223
So the dow jones is down over 200 points today. Seems Wall Street does not trust Obama's plans on environmental issues. What now?

(I'm sorry, any time I see Al Gore all I can think about is Manbearpig 😉 )
Click to expand...

Looks like the OP's theory just went up in a ball of flames. Such a shame because it was so well thought out.
 
Originally posted by: mooseracing
Originally posted by: cubby1223
Also don't forget the markets tanked over the two days after Obama won election. 😛 Lost 10% of its value.

Hey, if you're going to play this game, let's just make sure we include everything. 😀
Click to expand...

We wouldn't want to include everything, then we would have to face reality.
Click to expand...

Reality - now that is scary.
 
Originally posted by: cubby1223
So the dow jones is down over 200 points today. Seems Wall Street does not trust Obama's plans on environmental issues. What now?

(I'm sorry, any time I see Al Gore all I can think about is Manbearpig 😉 )
Click to expand...


I'm an Obama supporter but the OP's complete lack of any knowledge of the volatility of the market in recent months is mind-bogglingly embarrassing.


As stated earlier, correlation is NOT causation. In this instance, the two are so incredibly distinct it'd take a monumental effort just to connect them.

Let's just be very clear. There have been phenomenal gains and phenomenal losses since the president elect was named. In fact, the one day biggest lost since the Great Depression I believe, occurred in the last few weeks.

Volatility is the name of the game. Get used to it for a long time.
 
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