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View Poll Results: How will the Market respond to Obama on 2/24/2009
The market will like what he says and rise. 2 4.88%
The market will be indifferent, little/no change. 6 14.63%
The market will be disappointed by what he says, and drop. 29 70.73%
The market may change or not, but it will be unrelated to what President Obama has to say. 4 9.76%
Voters: 41. You may not vote on this poll

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Predict Market Response to Obama on Feb 24, 2009
Old 02-22-2009, 11:08 AM   #1
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Predict Market Response to Obama on Feb 24, 2009

So far, it seems that every time Obama or his staff talk about the economy, the market dives. Obama will address America this Tuesday. Will the market like what it hears?

What say you?


-ERD50

PS - sorry for the typo in the POLL, date should be Feb 24, not 29.....

arghh, also messed up the date to end the poll (this is my first poll, sorry), meant for poll to end Feb 24 AM.
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Old 02-22-2009, 11:16 AM   #2
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Down down down...........


Sorry.....I always get a kick out of this video.

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Old 02-22-2009, 11:16 AM   #3
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I say DOW 6000
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Old 02-22-2009, 11:23 AM   #4
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Im gonna do some buying when we get there
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Old 02-22-2009, 11:27 AM   #5
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I expected THIS video!



Where IS HFWR?

-ERD50
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Old 02-22-2009, 12:28 PM   #6
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The market has to go up. Why not? Obama is bringing change, and we are all longing for change, aren't we?

I feel very good about this. Some people including me were getting to be too well off; Obama has changed this.

I am so happy.

Ha
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Old 02-22-2009, 12:46 PM   #7
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I am so happy.

Ha
Hah. "change" isn't always everything it's cracked up to be, is it?

Oh man, I guess we gotta laugh to keep from cryin'.


-ERD50
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Old 02-22-2009, 01:17 PM   #8
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ERD50, I edited the poll; let me know if you want any other changes.
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Old 02-22-2009, 01:25 PM   #9
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Down down down...........


Sorry.....I always get a kick out of this video.
What a great example of sports narration. They couldn't pay the guy too much for that!
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Old 02-22-2009, 01:27 PM   #10
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ERD50, I edited the poll; let me know if you want any other changes.

Thanks, that is great. -ERD50
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Old 02-22-2009, 05:33 PM   #11
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I'm guessing there will be enough deliberate leaks and trial balloons before the speech that the market will have already priced in the effects of any policies contained in the plan. What can't be priced in is the way the speech comes across and the take of the pundits. If the speech is some kind of fireside chat that is well received by the press and they believe it might rally the American peope, then the market might actually go up despite the actual policies he's pitching. If this happens, it might be a good selling opportunity, since the market will likely go down once the backslapping stops and the policies take hold.

Of course, I'm a dyed-inthe-wool indexer without the strength of his convictions in these market timing issues, so don't mind me.
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Old 02-22-2009, 07:21 PM   #12
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Market will dive, smooth pontification by the One notwithstanding.
Reality is beginning to collide with academic theories.

On to the Tea party!
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Old 02-23-2009, 01:22 PM   #13
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Well, I originally voted "disappointed". But the market is down today (Monday), so maybe even if the talk is seen as neutral the markets might climb just from a sort of release of pent up negativity?

Hope so anyway. - ERD50
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Old 02-23-2009, 03:25 PM   #14
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Quote:
Originally Posted by haha View Post
The market has to go up. Why not? Obama is bringing change, and we are all longing for change, aren't we?

I feel very good about this. Some people including me were getting to be too well off; Obama has changed this.

I am so happy.

Ha
OK, what nights are you doing standup, I'll be there!
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Old 02-23-2009, 03:27 PM   #15
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Well, I originally voted "disappointed". But the market is down today (Monday), so maybe even if the talk is seen as neutral the markets might climb just from a sort of release of pent up negativity?
Nah. I don't think this market has any limit to its negativity and pessimism.
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Old 02-23-2009, 03:31 PM   #16
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Rumor is he is going the California route and going to push for tax increases.
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Old 02-23-2009, 03:34 PM   #17
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I think no matter who talks, the market drops.
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Old 02-23-2009, 03:37 PM   #18
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I think no matter who talks, the market drops.
I agree -- for months now, regardless of who's in charge, the market has made its vote of no confidence repeatedly clear. It voted "no confidence" on Bush and Paulson, it's voting "no confidence" on Obama and Geithner, and it's repeatedly voted "no confidence in Hell" on Bernanke regardless of administration.
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Old 02-23-2009, 03:38 PM   #19
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I am thinking that this video might be a good Democratic response to the speech:

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Old 02-23-2009, 03:41 PM   #20
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I am thinking that this video might be a good Democratic response to the speech:
Did you mean Republican response? Obama is a democrat. Republican response:

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