I understand market trends, but I've never understood the pissy every day events that will throw the market into a dive. When a president gets his annual physical, even healthy presidents like W or Obama, the market will drop slowly through the day, then rebound when the health assessment is released.
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
I understand market trends, but I've never understood the pissy every day events that will throw the market into a dive. When a president gets his annual physical, even healthy presidents like W or Obama, the market will drop slowly through the day, then rebound when the health assessment is released.
I think its the trend in business today to think about the short term instead of the long term or big picture... It happens in all the markets.. when a refinery shuts down unexpectedly or a Saudi prince has constipation, the market reacts. With the ease of day trading via the internet thrown into the mix, it just amplifies and speeds up the fluctuations.
"Arguing with liberals is like playing chess with a pigeon; no matter how good I am at chess, the pigeon is just going to knock out the pieces, crap on the board, and strut around like it is victorious." - Author Unknown
"The Country Going Down the Crapper" IS the aim of the TeaBaggers. Remember the "We hope he fails" memo that was so popular 2 years ago?
What? The "we hope he fails" was from Rush Limbaugh...Now you are twisting it into a Tea Party memo. You lefties are throwing everything at the wall. It wasn't so long ago Democrats considered Rush the leader of the Republican Party, now they perceive the Tea Party as the leaders of the party, so now they are take Rush's words and tagging the tea party with them. It's called desperation.
The reality of it all is…Democrats controlled the House, Senate, and White House for 2 years and passed massive amounts of legislation. The “Tea Party” won a handful of seats in the House and Senate and penned NO legislation. Yet the idiot talking heads on the left attempt to create a new reality and use the politically powerless tea party as the scapegoat.
BREAKING: Dow closes up 429 points after late rally; S&P up 4.7 percent, Nasdaq up 5.3 percent.
If the S&P credit down grade was considered the "tea party down grade" by the idiots like Axlrod and Kerry. Is this considered the tea party up tick by those same idiots. Trying to politicize and place blame on the reaction of the markets is silly.
Desperation??? I assume that Obama will win the next election by a narrow margin.
There are good Republican candidates out there... candidates with a good chance to win, who don't want to face the insults of the Tea Party... so they won't run until the Crazies have finished their TeaParty chaos.
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
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