Dow falls again! Thnx Obama

RedwoodSap

updated 22 minutes ago

NEW YORK - Stocks ended trading down Tuesday as investors looked for fresh signals about Wall Street’s direction a day after the market’s biggest advance in five months.

Some pullback was expected after the Dow Jones industrial average surged 498 points on Monday in a giddy response to the government’s plan to help banks dispose of bad loans.

Traders said the market was short on fresh fuel to extend the rally that has propelled stocks up about 20 percent in 10 days.

www.msnbc.msn.com/id/3683270

If Obama gets credit the few times the dow rises, then obviously he takes responsibility all the numerous times it drops.

keltic1701

Originally posted by RedwoodSap


updated 22 minutes ago
NEW YORK - Stocks ended trading down Tuesday as investors looked for fresh signals about Wall Street’s direction a day after the market’s biggest advance in five months.
Some pullback was expected after the Dow Jones industrial average surged 498 points on Monday in a giddy response to the government’s plan to help banks dispose of bad loans.
Traders said the market was short on fresh fuel to extend the rally that has propelled stocks up about 20 percent in 10 days.
www.msnbc.msn.com/id/3683270
If Obama gets credit the few times the dow rises, then obviously he takes responsibility all the numerous times it drops.

 

And you do realize that any economist worth his/her salt will tell you that the Stock Market is a lousy indicator of the health of the economy?

Cleffy

Actually, the DOW dropped 128 points because of Bush.  Don't you understand, when something good happens its because of Obama.  When something bad happens, its because of his dozens of frequently used scape goats.  Bush, Limbaugh, Hannity...

RedwoodSap

Originally posted by keltic1701

Originally posted by RedwoodSap


updated 22 minutes ago
NEW YORK - Stocks ended trading down Tuesday as investors looked for fresh signals about Wall Street’s direction a day after the market’s biggest advance in five months.
Some pullback was expected after the Dow Jones industrial average surged 498 points on Monday in a giddy response to the government’s plan to help banks dispose of bad loans.
Traders said the market was short on fresh fuel to extend the rally that has propelled stocks up about 20 percent in 10 days.
www.msnbc.msn.com/id/3683270
If Obama gets credit the few times the dow rises, then obviously he takes responsibility all the numerous times it drops.

 

And you do realize that any economist worth his/her salt will tell you that the Stock Market is a lousy indicator of the health of the economy?

 

Tell that to all the people who lost their retirement savings in falling stock prices.

stillkillin

more proof that dear leader obama is the worst thing ever

keltic1701

Originally posted by RedwoodSap

Originally posted by keltic1701

Originally posted by RedwoodSap


updated 22 minutes ago
NEW YORK - Stocks ended trading down Tuesday as investors looked for fresh signals about Wall Street’s direction a day after the market’s biggest advance in five months.
Some pullback was expected after the Dow Jones industrial average surged 498 points on Monday in a giddy response to the government’s plan to help banks dispose of bad loans.
Traders said the market was short on fresh fuel to extend the rally that has propelled stocks up about 20 percent in 10 days.
www.msnbc.msn.com/id/3683270
If Obama gets credit the few times the dow rises, then obviously he takes responsibility all the numerous times it drops.

 

And you do realize that any economist worth his/her salt will tell you that the Stock Market is a lousy indicator of the health of the economy?

 

Tell that to all the people who lost their retirement savings in falling stock prices.

Present facts not sentiments for you arguments. The Stock Market is a risky venture. My guess is that the corporations who invested people's retirement money are to blame or those who directly invested without fully know the risk involved or having that risk explained to them. But it's still dosen't validate the Stock Market as a means of gauging how the economy is performing.

 

Tiller

So Obama is the only one playing the markets and he has that much effect on them?

OMFG NO WAI!!!!! That’s news to me.

Hilarious and pathetic at the same time that you folks think this.

Reminds me of the old man I saw on CNN

“He ruined the economy!”

Lol no dipshit, Bush and the rest of America ruined it.It's been ruined for years now.

He even knew there was a problem a few years ago and figured the next president could fix it since he was on his way out.

Fuck, Bush should never have stopped drinking, we would have been better off without him ever being in office.

Sabiancym

 One post giving credit to obama for the big rise yesterday vs. 5 per day about him ruining everything and you feel that this post is needed?

Narug

I gave him credit for something already:



Fishermage's In which I praise our President for doing something good thread.



I will give him further credit here for announcing "a plan" yesterday.



I still think a free approach by a free peoples is the answer. Demonizing one group into a stereotypical criminal element is always a red flag for politicians.