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View Poll Results: How will the Market respond to Obama on 2/24/2009
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The market will like what he says and rise.
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2 |
4.88% |
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The market will be indifferent, little/no change.
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6 |
14.63% |
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The market will be disappointed by what he says, and drop.
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29 |
70.73% |
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The market may change or not, but it will be unrelated to what President Obama has to say.
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4 |
9.76% |
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Predict Market Response to Obama on Feb 24, 2009
02-22-2009, 10:08 AM
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#1
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Sep 2005
Location: Northern IL
Posts: 26,888
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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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02-22-2009, 10:16 AM
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#2
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 9,071
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Down down down........... 
Sorry.....I always get a kick out of this video.
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
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02-22-2009, 10:16 AM
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#3
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Recycles dryer sheets
Join Date: Dec 2007
Posts: 291
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I say DOW 6000
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02-22-2009, 10:23 AM
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#4
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Recycles dryer sheets
Join Date: Dec 2007
Posts: 291
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Im gonna do some buying when we get there 
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02-22-2009, 10:27 AM
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#5
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Sep 2005
Location: Northern IL
Posts: 26,888
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I expected THIS video!
Where IS HFWR?
-ERD50
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02-22-2009, 11:28 AM
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#6
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Apr 2003
Location: Hooverville
Posts: 22,983
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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
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
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02-22-2009, 11:46 AM
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#7
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Sep 2005
Location: Northern IL
Posts: 26,888
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 Quote:
Originally Posted by haha
I am so happy.
Ha
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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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02-22-2009, 12:17 PM
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#8
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Moderator Emeritus
Join Date: Jun 2007
Location: At The Cafe
Posts: 6,873
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ERD50, I edited the poll; let me know if you want any other changes.
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02-22-2009, 12:25 PM
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#9
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Moderator Emeritus
Join Date: Jun 2007
Location: At The Cafe
Posts: 6,873
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Quote:
Originally Posted by Dawg54
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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02-22-2009, 12:27 PM
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#10
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Sep 2005
Location: Northern IL
Posts: 26,888
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Quote:
Originally Posted by CuppaJoe
ERD50, I edited the poll; let me know if you want any other changes.
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Thanks, that is great. -ERD50
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02-22-2009, 04:33 PM
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#11
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2004
Location: SW Ohio
Posts: 14,404
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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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02-22-2009, 06:21 PM
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#12
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Give me a museum and I'll fill it. (Picasso)
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Join Date: May 2008
Posts: 6,506
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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!
__________________
There must be moderation in everything, including moderation.
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02-23-2009, 12:22 PM
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#13
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Sep 2005
Location: Northern IL
Posts: 26,888
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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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02-23-2009, 02:25 PM
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#14
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Give me a museum and I'll fill it. (Picasso)
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Join Date: Aug 2006
Posts: 12,483
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__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
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02-23-2009, 02:27 PM
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#15
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Give me a museum and I'll fill it. (Picasso)
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Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
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Quote:
Originally Posted by ERD50
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?
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Nah. I don't think this market has any limit to its negativity and pessimism.
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
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02-23-2009, 02:31 PM
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#16
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Recycles dryer sheets
Join Date: Jan 2009
Posts: 170
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Rumor is he is going the California route and going to push for tax increases.
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02-23-2009, 02:34 PM
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#17
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Moderator Emeritus
Join Date: Feb 2004
Location: minnesota
Posts: 13,228
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I think no matter who talks, the market drops.
__________________
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No more lawyer stuff, no more political stuff, so no more CYA
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02-23-2009, 02:37 PM
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#18
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
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Quote:
Originally Posted by Martha
I think no matter who talks, the market drops.
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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.
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
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02-23-2009, 02:38 PM
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#19
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gone traveling
Join Date: May 2008
Posts: 3,864
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I am thinking that this video might be a good Democratic response to the speech:
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02-23-2009, 02:41 PM
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#20
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Recycles dryer sheets
Join Date: Jan 2009
Posts: 170
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Quote:
Originally Posted by Westernskies
I am thinking that this video might be a good Democratic response to the speech:
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Did you mean Republican response? Obama is a democrat. Republican response:
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