HK wrote:
Frogwatch wrote:
On Feb 12, 11:24 am, Frogwatch wrote:
On Feb 12, 11:07 am, HK wrote:

Frogwatch wrote:
Dow is down over 150 in response to Obamanomics.
The boys on wall street are upset because obama won't kiss their asses
and give them truckloads of money without strings attached.
A "Dow" around 8000 probably still overvalues most stocks.
Is this impacting your net worth? Hope so.
prob not much

However, it is proof that the porkulus was not about stimulating the
economy and simply about pork for Obama's cronies.


BTW, your interpretation here of what the DOW means is silly. The
averages go up or down all the time, and the reasons attributed to that
movement usually border on the absurd.

That explains why the market dropped 3000 points in the two weeks after
the pelosi lead the defeat of the original bailout. The drop and slow
tailing down since November 4th when obama was elected. And the 150
point drop to the day after the stimulus package was approved.

I agree the markets go up and down, but when are the democrats going to
let it go up?