Stock market set to rocket on prospects of Obama Presidency (up 250 points already)

[Coronita]

[quote=TheBreeze]MY GAWD! The DOW was up 248 points on Obama’s speech. The guy is a market maestro. A veritable lothario of the market. He knows how to push the buttons.

First the market goes up 250 points on the day that Obama gets elected, and then he merely makes a speech and the market goes up another 250 points. Can you guys imagine what’s going to happen once Obama actually becomes Prez?

Up, up, and away, my beautiful, my beautiful baloon … [/quote]

10 bucks he’s in sales…. Definitely not an engineer.

[TheBreeze]

Jesus Cchrist, Dudes. Mhy presience iss amazing.

[TheBreeze]

Jesus Cchrist, Dudes. Mhy presience iss amazing.

[TheBreeze]

Jesus Cchrist, Dudes. Mhy presience iss amazing.

[TheBreeze]

Jesus Cchrist, Dudes. Mhy presience iss amazing.

[TheBreeze]

Jesus Cchrist, Dudes. Mhy presience iss amazing.

[Chris Scoreboard Johnston]

Once again, how people that do not understand how financial markets work, and this includes the media who write about what caused the prior days move in the newspapers, make these comments is beyond me. I suspect he is trying to get everyones goat here. Obama ducked every meaningful question, so how anyone could say that speech was a market mover either way is laughable. I know he seems to be a hard core liberal from reading his posts, so I think he is just trying to stick it to you guys, and celebrate his victory. Let’s all hope Obama does well by all of us, it is time to move on and quit pouting about the outcome. Time will tell, opinions about what he might do are worthless.

However, the real reason for the bounce is that the .618 retracement off the high was 898.65 and the intraday low was 897, so almost right on the money in the SP futures. Alot of professionals especially fund managers buy into retracements at these levels, that is what caused the bounce. It is a low risk probing point during pullbacks, and a friend of mine that manages several billion is always a player at these levels. This is how markets work, fund managers don’t sell millions of shares of Microsoft or IBM they have accumulated over a several month span, in the middle of a politicians speech because of some arbitrary view of what that might mean 6 months down the road. Small frys who get emotional might, but that does not move the market, when someone sells 500 shares in a panic.

[Chris Scoreboard Johnston]

Once again, how people that do not understand how financial markets work, and this includes the media who write about what caused the prior days move in the newspapers, make these comments is beyond me. I suspect he is trying to get everyones goat here. Obama ducked every meaningful question, so how anyone could say that speech was a market mover either way is laughable. I know he seems to be a hard core liberal from reading his posts, so I think he is just trying to stick it to you guys, and celebrate his victory. Let’s all hope Obama does well by all of us, it is time to move on and quit pouting about the outcome. Time will tell, opinions about what he might do are worthless.

However, the real reason for the bounce is that the .618 retracement off the high was 898.65 and the intraday low was 897, so almost right on the money in the SP futures. Alot of professionals especially fund managers buy into retracements at these levels, that is what caused the bounce. It is a low risk probing point during pullbacks, and a friend of mine that manages several billion is always a player at these levels. This is how markets work, fund managers don’t sell millions of shares of Microsoft or IBM they have accumulated over a several month span, in the middle of a politicians speech because of some arbitrary view of what that might mean 6 months down the road. Small frys who get emotional might, but that does not move the market, when someone sells 500 shares in a panic.

[Chris Scoreboard Johnston]

Once again, how people that do not understand how financial markets work, and this includes the media who write about what caused the prior days move in the newspapers, make these comments is beyond me. I suspect he is trying to get everyones goat here. Obama ducked every meaningful question, so how anyone could say that speech was a market mover either way is laughable. I know he seems to be a hard core liberal from reading his posts, so I think he is just trying to stick it to you guys, and celebrate his victory. Let’s all hope Obama does well by all of us, it is time to move on and quit pouting about the outcome. Time will tell, opinions about what he might do are worthless.

However, the real reason for the bounce is that the .618 retracement off the high was 898.65 and the intraday low was 897, so almost right on the money in the SP futures. Alot of professionals especially fund managers buy into retracements at these levels, that is what caused the bounce. It is a low risk probing point during pullbacks, and a friend of mine that manages several billion is always a player at these levels. This is how markets work, fund managers don’t sell millions of shares of Microsoft or IBM they have accumulated over a several month span, in the middle of a politicians speech because of some arbitrary view of what that might mean 6 months down the road. Small frys who get emotional might, but that does not move the market, when someone sells 500 shares in a panic.

[Chris Scoreboard Johnston]

Once again, how people that do not understand how financial markets work, and this includes the media who write about what caused the prior days move in the newspapers, make these comments is beyond me. I suspect he is trying to get everyones goat here. Obama ducked every meaningful question, so how anyone could say that speech was a market mover either way is laughable. I know he seems to be a hard core liberal from reading his posts, so I think he is just trying to stick it to you guys, and celebrate his victory. Let’s all hope Obama does well by all of us, it is time to move on and quit pouting about the outcome. Time will tell, opinions about what he might do are worthless.

However, the real reason for the bounce is that the .618 retracement off the high was 898.65 and the intraday low was 897, so almost right on the money in the SP futures. Alot of professionals especially fund managers buy into retracements at these levels, that is what caused the bounce. It is a low risk probing point during pullbacks, and a friend of mine that manages several billion is always a player at these levels. This is how markets work, fund managers don’t sell millions of shares of Microsoft or IBM they have accumulated over a several month span, in the middle of a politicians speech because of some arbitrary view of what that might mean 6 months down the road. Small frys who get emotional might, but that does not move the market, when someone sells 500 shares in a panic.

[Chris Scoreboard Johnston]

Once again, how people that do not understand how financial markets work, and this includes the media who write about what caused the prior days move in the newspapers, make these comments is beyond me. I suspect he is trying to get everyones goat here. Obama ducked every meaningful question, so how anyone could say that speech was a market mover either way is laughable. I know he seems to be a hard core liberal from reading his posts, so I think he is just trying to stick it to you guys, and celebrate his victory. Let’s all hope Obama does well by all of us, it is time to move on and quit pouting about the outcome. Time will tell, opinions about what he might do are worthless.

However, the real reason for the bounce is that the .618 retracement off the high was 898.65 and the intraday low was 897, so almost right on the money in the SP futures. Alot of professionals especially fund managers buy into retracements at these levels, that is what caused the bounce. It is a low risk probing point during pullbacks, and a friend of mine that manages several billion is always a player at these levels. This is how markets work, fund managers don’t sell millions of shares of Microsoft or IBM they have accumulated over a several month span, in the middle of a politicians speech because of some arbitrary view of what that might mean 6 months down the road. Small frys who get emotional might, but that does not move the market, when someone sells 500 shares in a panic.

[rnen]

Jeezuz Breeze, are you really that nieve or just blinded by your undying adoration for all that is Obama?

You sound like a smitten high school girl. Seriously dude, you need some help.

[rnen]

Jeezuz Breeze, are you really that nieve or just blinded by your undying adoration for all that is Obama?

You sound like a smitten high school girl. Seriously dude, you need some help.

[rnen]

Jeezuz Breeze, are you really that nieve or just blinded by your undying adoration for all that is Obama?

You sound like a smitten high school girl. Seriously dude, you need some help.

[rnen]

Jeezuz Breeze, are you really that nieve or just blinded by your undying adoration for all that is Obama?

You sound like a smitten high school girl. Seriously dude, you need some help.

[Author]

Posts