Politics and Religion

He was smart for a while...was only saying the "H" word...
MrSelfDestruct 44 Reviews 7714 reads
posted

but the HJ smear is back with a vengenace it seems, so I got busy.

Attila-D-Hun10297 reads

What truly angers me reading this board, is how some people have taken the mantle of right wing, pro-free enterprise, and degraded it.  

Bribite, every professional investor tells you market downturns, and President Bush's interviews/speeches are so correlated.  Here is the numbers, look it up in the dictionary, it is called tyranny of the numbers to give you the big picture:

Dow Jones, Since President Bush took office, down 4%
S&P, Since President Bush took office, down 18%
NASDAQ, Since President Bush took office, down 33%

We now know you are the fool, not me as you claimed in your silly posting.  And stop insulting people.  Show minimal amount of courtesy

Details here:
Dow Jones/Jan 22-01, 10578/today 10168/4%
S&P/Jan 22-01, 1342/today 1105/18%
NASDAQ/Jan 22-01, 2757/today 1850/33%

The Dow after being closed for several days after 9/11 went into the toilet.  ALL reputable economist agree that we were sliding into a recession as early as the first quarter of 2000.  It would be just as asinine, but fairer to give Bush the 9/20.2001 market when it was hovering around 7,550 as a starting point.  It is also interesting that the Dow's all time high of about 11,500 was diving and had lost over a 1,000 points by the time Bush took office in late January.  It is also telling that the market took off right after the Republican took control of congress in 1994.

Same goes with the Standard & Poors Index!

The NASDAQ was so filled with sucker stocks, HomeGrocers.com, e-tailer this and e-tailer, suckme.com  which could not exit a single quarter with black ink, but yet sucker investors fed by greed took the NASDAQ to unsupportable heights.   The NADAQ was hovering around 5,400 in 1999 and had dropped to 2757 a month before Bush took office, do you blame that over 50% drop on Clinton?  Of course you don't, and it may surprise you I don't either.  It's the market stupid.

Take a look at the market in the last six months, when the polls had Hanoi John in the lead, not only were all the markets down and stagnant, the volume was wack as well.  The market moves because of two things, greed and fear!  Do you actually believe that the market prefers Kerry and fears Bush?  That tax increases and less money in the public sector would be better for the market?  I suppose you do, and I also suppose that you are not highly invested in it either.

Since you mention "every professional investor tells you market downturns, and President Bush's interviews/speeches are so correlated" why didn't you name them?  Or link to a financial site that has substance to back up your home made spin on the stats?

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