12176 - XDTalk Forums - Your HS2000/SA-XD Information Source!

bd · 11-09-2006, 05:41 AM

Election confidence results in the highest ever closing of the DOW.

bd

**Frenchy** · 11-09-2006, 06:25 AM

I noticed that!

**hacker15** · 11-09-2006, 06:52 AM

bd - the market has been reacting to increased profits and long term outlooks in the credit and inflation areas. They've also been very responsive to the continued drop in oil prices due to mild weather during the hurricane season and decreased outlooks for inturrupted supplies.

Based on the comments on CNN's business line and the Wall Street Journal, there might as well have not been an election for all the attention Wall Street paid to it and the outcome. That will change as the Dems sneak in their impending tax and fee increases on those "rich" families and individuals making $160k or more per year (per Chuck Schuer, the "master mind" that brought them back to power).

Wait 'till next year - if the DOW is 10k, I'll be surprised.

LimaXray · 11-09-2006, 07:07 AM

The DOW has been increasing steadly for a while and has been regularly hitting record highs for the past month. This has nothing to do with the election results, but other factors as hacker said.

Many industries do not like the democrats and I bet you some stocks will start to go down; You better believe I'm gonna sell a lot of my pharma stock ASAP.

NewXD40fun · 11-09-2006, 07:32 AM

That is hilarious bd.

You ignore and discredit our great booming economy for years until now...WHY I wonder?

Tom

Palmguy · 11-09-2006, 08:18 AM

*yawn*

Broadside · 11-09-2006, 09:29 AM

Typical democrat claim to be the cause of all the good effects.

Mark S. · 11-09-2006, 10:14 AM

As I recall Tommy was trumpeting the previous highs on the Dow as evidence of the great Bush economy. I think bd was tweaking him a bit.

In truth neither the Democrats nor the Republicans have much effect on the stock market, although over the long-term the Dow has done slightly better under Democrats than Republicans.

Another truth, when adjusted for inflation, the markets are not at record levels. The Dow would have to rise above the 14,000 level for that to be true.

**hacker15** · 11-09-2006, 11:58 AM

Quote:

Originally Posted by Mark S.

As I recall Tommy was trumpeting the previous highs on the Dow as evidence of the great Bush economy. I think bd was tweaking him a bit.

In truth neither the Democrats nor the Republicans have much effect on the stock market, although over the long-term the Dow has done slightly better under Democrats than Republicans.

Another truth, when adjusted for inflation, the markets are not at record levels. The Dow would have to rise above the 14,000 level for that to be true.

Agreed on both points.

Delija · 11-09-2006, 01:50 PM

Quote:

Originally Posted by NewXD40fun

That is hilarious bd.

You ignore and discredit our great booming economy for years until now...WHY I wonder?

Tom

Using large fonts does what for you Tom? Show us that you are a BIG idiot, rather than just an idiot?
You think this is "our great booming economy"? LOL..... You have less of a grasp on economic issues than anyone I have ever heard state an opinion regarding such matters. EVER.

Peace,
D.

11-09-2006, 05:41 AM	#1
bd XDTalk 3K Member Join Date: Aug 2001 Location: Western North Carolina Posts: 3,864	12176 Election confidence results in the highest ever closing of the DOW. bd

11-09-2006, 06:25 AM	#2
Frenchy XDTalk 10K Member Join Date: Mar 2001 Location: Mid-Missouri Posts: 13,181	I noticed that! __________________ ~SC Harvey~ "You are the instruments that God is going to use to bring about universal change, and that is why Barack has captured the youth. And he has involved young people in a political process that they didn't care anything about. That's a sign. When the Messiah speaks, the youth will hear, and the Messiah is absolutely speaking."...Nation of Islam leader Louis Farrakhan RON PAUL IN 2008

11-09-2006, 06:52 AM	#3
hacker15 XDTalk 3K Member Join Date: Aug 2006 Location: Upstate, NY Posts: 3,477	bd - the market has been reacting to increased profits and long term outlooks in the credit and inflation areas. They've also been very responsive to the continued drop in oil prices due to mild weather during the hurricane season and decreased outlooks for inturrupted supplies. Based on the comments on CNN's business line and the Wall Street Journal, there might as well have not been an election for all the attention Wall Street paid to it and the outcome. That will change as the Dems sneak in their impending tax and fee increases on those "rich" families and individuals making $160k or more per year (per Chuck Schuer, the "master mind" that brought them back to power). Wait 'till next year - if the DOW is 10k, I'll be surprised. __________________ If you pick up a starving dog and make him prosperous, he will not bite you; that is the principal difference between a dog and a man. Mark Twain

11-09-2006, 07:32 AM	#5
NewXD40fun XDTalk 2K Member Join Date: Jul 2005 Location: North Olmsted, Ohio Posts: 2,729	That is hilarious bd. You ignore and discredit our great booming economy for years until now...WHY I wonder? Tom __________________ Springfield XD-40 Service w/DGR kit, EFK 9mm Taurus PT-140 Mill Pro _ Specialized Roubaix Expert "YOU'VE GOT TO STAND FOR SOMETHING OR YOU'LL FALL FOR ANYTHING" ---Aaron Tippin

11-09-2006, 08:18 AM	#6
Palmguy XDTalk 1K Member Join Date: Sep 2006 Location: Lower Alabama Posts: 1,500	yawn __________________

11-09-2006, 07:07 AM	#4
LimaXray XDTalk 100 Member Join Date: Oct 2006 Location: NJ Posts: 115	The DOW has been increasing steadly for a while and has been regularly hitting record highs for the past month. This has nothing to do with the election results, but other factors as hacker said. Many industries do not like the democrats and I bet you some stocks will start to go down; You better believe I'm gonna sell a lot of my pharma stock ASAP.

11-09-2006, 09:29 AM	#7
Broadside XDTalk 2K Member Join Date: Jun 2006 Location: Colorado Posts: 2,913	Typical democrat claim to be the cause of all the good effects. __________________ XD - 9 Subcompact XD - 357 Service w/ SA Custom Carry Pro Pkg SA - Mil Spec 1911 A1

11-09-2006, 10:14 AM	#8
Mark S. XDTalk 500 Member Join Date: Oct 2003 Location: Fullerton, CA Posts: 733	As I recall Tommy was trumpeting the previous highs on the Dow as evidence of the great Bush economy. I think bd was tweaking him a bit. In truth neither the Democrats nor the Republicans have much effect on the stock market, although over the long-term the Dow has done slightly better under Democrats than Republicans. Another truth, when adjusted for inflation, the markets are not at record levels. The Dow would have to rise above the 14,000 level for that to be true.

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