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Keith nuttle Keith nuttle is offline
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First recorded activity by BoatBanter: Jan 2007
Posts: 388
Default For those who care about "the markets..."

wf3h wrote:
On Oct 15, 9:34 am, Keith Nuttle wrote:

If you do that you will really lose money. We stuck it out and have
recovered a good chunk of money lost we lost in the pelosi plunge and
obama slide.


you mean the 50% increase in the market since bush left office and
obama came in?


The plunge and slide is blamed on President Bush, but he did not refuse
to support the Constitutional mandate of providing a stable money supply
as pelosi did when she killed the first bailout bill on September 28,
2008. In the next 12 days the market lost 30% of its value (from about
11500 to 8500)


except, of course, the market had lost 50% of its value when bush was
in office. and the fed controls the money supply by setting interest
rates

but i guess if you're a right winger, this is the best you can do.

Check the facts yourself athttp://www.google.com/finance?cid=983582
and don't listen to the liberal press.


or the right wing press

If you check the history of the markets obama is the third president in
over 100 years that the market responded negatively when they were
elected.


strange, then, that the market is up 50% since he took office...

Check the facts yourself athttp://www.google.com/finance?cid=983582
and don't listen to the liberal press.-


the market was at 6000 when bush left office

it's now at 10,000 since obama's president

the facts speak for themselves


You are relying on the obama's media for your information.

The market was 8281 on the day when President Bush left office and obama
was sworn in

With the passage of the financial bailout the market experienced a
slightly stabilization . After the 10 day pelosi plunge from 11500 to
8500, the market remained at about 8500 and was 8281 when obama was sworn in

After obama was sworn in the market fell and closed on March 9 at 6547.

Here is a more detailed break down of the DOW.
http://www.google.com/finance/histor...=INDEXDJX:.DJI