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the market speaks

Not a fan of the HopeyChangey. DOW down 400. S&P 18%.

Good for investment in lead and steel though. Tam has some investment tips.

9 Responses to “the market speaks”

  1. Xrlq Says:

    If today’s market was mad about Obama winning, then yesterday’s market must have been pretty dim. Did it actually think McCain was going to pull off a 6-point upset?

  2. Stormy Dragon Says:

    If today’s market was mad about Obama winning, then yesterday’s market must have been pretty dim.

    Maybe the market is made up of a large number of people who have all sorts of different reasons for buying or selling and trying to attribute intentions to the market as a whole is a mistake.

  3. tgirsch Says:

    Good for investment in lead and steal though

    Freudian slip often? :) I think you mean “steel.”

  4. tgirsch Says:

    Oh, and Xrlq is right: attempts to tie single-day market performance to an election outcome are pretty silly.

  5. SayUncle Says:

    d’oh.

    And it is silly.

  6. Sigivald Says:

    “Buy on the rumor, sell on the news”.

    This, as others have said, tells us very little.

  7. Bobby Says:

    And, obviously, its Bush’s fault.

  8. Sebastian-PGP Says:

    When they almost passed SB43 a couple years ago here in MD (would have banned everything other than six shooters and breach loader shotguns…no pumps, no semi auto rifles, etc), AR receiver sales went through the roof. I still have mine in the closet, haven’t built it up yet as I’m a pistol and shotgun guy…but man, might be time to start on that before I have to bury it in the backyard.

    My hope is that between the situation in the ME, the economic crisis, and all the other more pressing issues, the Obamatrons won’t want to spend much political capital going after guns in a post Heller world.

  9. DirtCrashr Says:

    So… The soaring economic upswing on gun and magazine purchases that is directly attributable to Obama’s election as so many people have said – but the Dow falling even farther today is not? Can’t compare the two, it’s foolish, right? I get it – and it’s Bush’s fault too.

Remember, I do this to entertain me, not you.

Uncle Pays the Bills


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