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Canuck57[_6_] Canuck57[_6_] is offline
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First recorded activity by BoatBanter: Dec 2008
Posts: 276
Default More hope and drain


"HK" wrote in message
...
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.


Obama hasn't really had a fair chance yet but the market graph shows a
negate trend since the election.

http://finance.yahoo.com/echarts?s=^DJI#chart1:symbol=^dji;range=3m;indicat or=volume;charttype=line;crosshair=on;ohlcvalues=0 ;logscale=on;source=undefined