Stock bumps.
Printed From: Tippmann Paintball
Category: News And Views
Forum Name: Thoughts and Opinions
Forum Description: Got something you need to say?
URL: http://www.tippmannsports.com/forum/wwf77a/forum_posts.asp?TID=180742
Printed Date: 11 March 2026 at 8:00am
Software Version: Web Wiz Forums 12.04 - http://www.webwizforums.com
Topic: Stock bumps.
Posted By: agentwhale007
Subject: Stock bumps.
Date Posted: 10 March 2009 at 4:46pm
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http://online.wsj.com/article/SB123668017809981927.html?mod=article-outset-box - Link Not to rabble-rouse too much, but I have a question for those who have been blaming the daily slumps and fluctuations within the stock market on Obama, and actually believe it (not just those trolling). How do you explain today's rise? Note: I don't think the market's rise today has anything to do with Obama, but if you are going to believe that Obama makes the markets drop, does he also make them rise? Double note: I totally picked up some General Electric this morning before everything started to rise. I'm very happy right now. |
Replies:
Posted By: High Voltage
Date Posted: 10 March 2009 at 4:57pm
Hah, I just imagined Obama as a puppeteer controlling the stock market as if it were a marionette. ------------- 
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agentwhale007 wrote:Posted By: jmac3
Date Posted: 10 March 2009 at 8:47pm
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The lack of responses to this thread amuses me.
------------- Que pasa? 
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Posted By: Snipa69
Date Posted: 10 March 2009 at 9:03pm
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So after reading that article and reading your question, am I to understand that you are asking people to comment on one days results? Big jump? Absolutely. But I feel as though the way that you stated your question, you are trying to trap people in a way to their opinions on Obama.
I don't know how you can blame just one person as we are all responsible in a way for letting the big banks get so powerfull, but to ANYONE who thinks it is the sole movements of Obama that control the stock market(s) then you sir/ma'am should go play in traffic. ------------- http://imageshack.us - [IMG - http://img456.imageshack.us/img456/857/sig9ac6cs1mj.jpg - |
Posted By: choopie911
Date Posted: 10 March 2009 at 9:07pm
Haven't been watching T&O threads lately? |
Posted By: Snipa69
Date Posted: 10 March 2009 at 9:18pm
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No, I barely function as a human being right now. Law School finals are hell. Please fill me in on who I should "flame" i.e. who thinks this is all obama's fault ;-) ------------- http://imageshack.us - [IMG - http://img456.imageshack.us/img456/857/sig9ac6cs1mj.jpg - |
Posted By: Ozwarg
Date Posted: 10 March 2009 at 10:22pm
Well its great but... 6% of nothing isn't much... if we would of rised 200+ points when it was at 12,000 it would of been just another day.  ------------- 
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Posted By: Linus
Date Posted: 10 March 2009 at 11:03pm
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Yay a small bump in an other wise major loss in 2 months! Let's open a bottle of champagne!
How do I explain it? How else; the stock market is a flimsy piece of crap that is too readily effected by outside forces, both good and bad, and tends to not go in the direction it should with the corresponding factor. ------------- 
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Posted By: choopie911
Date Posted: 10 March 2009 at 11:05pm
It does spook extremely easily, for no real reason. |
Posted By: Mack
Date Posted: 10 March 2009 at 11:24pm
 ------------- 
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Posted By: agentwhale007
Date Posted: 10 March 2009 at 11:41pm
The question was in reference to threads like: http://tippmann.com/forum/wwf77a/forum_posts.asp?TID=180617&KW=Confidence - This. http://tippmann.com/forum/wwf77a/forum_posts.asp?TID=180505&KW=Confidence - And This. Those that actually think we are in the "Obama recession." |
Posted By: choopie911
Date Posted: 10 March 2009 at 11:49pm
| Yeah, I can't believe anybody thinks he caused the recession, it just defies common sense and observation. |
Posted By: brihard
Date Posted: 11 March 2009 at 9:57am
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It'll be nice seeing things start to rise again in time though... I'm down on literally every mutual fund I own, from 5-50% depending on the fund... about 34% overall. 34% of a year's saved up pay is quite a lot. On the plus side, I've been just sitting on my pay for a few months now, so I have a lot of cash sitting ready to buy in when the concensus is that the fund market has bottomed out. ------------- "Abortion is not "choice" in America. It is forced and the democrats are behind it, with the goal of eugenics at its foundation." -FreeEnterprise, 21 April 2011. Yup, he actually said that. |
Posted By: Benjichang
Date Posted: 11 March 2009 at 10:07am
-------------  irc.esper.net #paintball |
Posted By: Reb Cpl
Date Posted: 11 March 2009 at 10:11am
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I'll play. I've never said that President Obama's CAUSED the recession, but the actions of the stock market since he's been elected is tough to ignore or brush aside as a mere coincidence. I think that's all most of us are trying to say, but overreaction to that simple observation is epic. Not all of us are Rush Limbaughs or Michael Savages. Some of us even have a pretty good grasp on reality. It IS funny though, that when we say 'Nothing good has happened yet' you say "Its only been 'x' number of days' but when we say 'This bad thing has happened' the response is 'You're an idiot for thinking he has anything to do with it.' The events that have set the course for recession have been in place for a long time I'd imagine. Not knowing much about these things, I can only hazard a guess when I say that. Yesterday's rise? Yay? Its like having change enough to do laundry, but not enough real money to pay rent. When yesterday's trend continues for a few weeks, then I'll get excited, but with the number of volatile causes that determine the skittish fluctuation of the market, I'm not going to celebrate yet. No, I don't pin economic recession completely on President Obama, but it doesn't take an economist nor even a complete genius to make the conclusion that maybe he's not helping yet either. I know, I know "Its only been 'x' number of days" ------------- ? |
Posted By: FreeEnterprise
Date Posted: 11 March 2009 at 10:15am
 ------------- They tremble at my name... 
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Posted By: FreeEnterprise
Date Posted: 11 March 2009 at 10:21am
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seriously...
"What's going on? "You never want a serious crisis to go to waste," said chief of staff Rahm Emanuel. "This crisis provides the opportunity for us to do things that you could not do before." Things. Now we know what they are. The markets' recent precipitous decline is a reaction not just to the absence of any plausible bank rescue plan, but also to the suspicion that Obama sees the continuing financial crisis as usefully creating the psychological conditions -- the sense of crisis bordering on fear-itself panic -- for enacting his "Big Bang" agenda to federalize and/or socialize health care, education and energy, the commanding heights of post-industrial society. Clever politics, but intellectually dishonest to the core. Health, education and energy -- worthy and weighty as they may be -- are not the cause of our financial collapse. And they are not the cure. The fraudulent claim that they are both cause and cure is the rhetorical device by which an ambitious president intends to enact the most radical agenda of social transformation seen in our lifetime." http://www.washingtonpost.com/wp-dyn/content/article/2009/03/05/AR2009030502951.html - http://www.washingtonpost.com/wp-dyn/content/article/2009/03/05/AR2009030502951.html ------------- They tremble at my name...
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Posted By: jmac3
Date Posted: 11 March 2009 at 11:06am
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I just realized. Of the few links from you that I have read, your post is always a copy and paste from said link. Do you have no thoughts on the issue yourself, or do you just like to paste other people's writing? ------------- Que pasa?
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Posted By: FreeEnterprise
Date Posted: 11 March 2009 at 11:08am
control c, control v
repeat.
If its well written, and makes sense why redo it? ------------- They tremble at my name...
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Posted By: jmac3
Date Posted: 11 March 2009 at 11:10am
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Because I don't need to read the same thing twice. Why bother linking it if you're just going to paste it? Just put the name of who wrote it after the quote... Also, because there is no way you think EXACTLY like every article you link. ------------- Que pasa?
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Posted By: agentwhale007
Date Posted: 11 March 2009 at 11:25am
I don't know who you are referring to in the pronoun there. I like to think you choose your company wisely, but the past few days on here have made me question.
The reason why the overreaction seems "epic," is because this is an epically dumb statement. It doesn't take much research at all to find out the various other plentiful reasons why the market is in the condition it is.
There you go. That's better. More like that, less like the other garbl. |
Posted By: agentwhale007
Date Posted: 11 March 2009 at 11:27am
FreeEnterprise. You have managed to post three times in this thread and not answer the question, so I will quote it from the open post:
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Posted By: Reb Cpl
Date Posted: 11 March 2009 at 11:39am
------------- ? |
Posted By: Benjichang
Date Posted: 11 March 2009 at 12:21pm
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Man, I love these threads.
------------- irc.esper.net #paintball |
Posted By: Reb Cpl
Date Posted: 11 March 2009 at 12:26pm
I keep forgetting that if you repeat this enough times, it does in fact, make you better than everyone else. ------------- ? |
Posted By: jmac3
Date Posted: 11 March 2009 at 12:26pm
------------- Que pasa?
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Posted By: FreeEnterprise
Date Posted: 11 March 2009 at 12:57pm
I ignored the questions since everyone says I'm just trolling...
ask me on Friday, after the dead cat finishes its bounce...
If the government would stop changing all the rules, the market would start back up... But, the direction the President is taking this country will hurt us for generations.
I work with a lot of charities. His plan to eliminate the tax break off of donations will kill many of them, and make more people dependent on the government...
Power grab. plain and simple.
------------- They tremble at my name...
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Posted By: choopie911
Date Posted: 11 March 2009 at 4:45pm
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Posted By: IMPULS3.
Date Posted: 11 March 2009 at 5:00pm
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA |
Posted By: jmac3
Date Posted: 11 March 2009 at 5:39pm
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Impulse why the HAHAHAHAHAHA? People have been saying there is a direct correlation to Obama and the stock market. It goes up(even a little and I know not a big deal) and people refuse to even repond to Whale's post. ------------- Que pasa?
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Posted By: ParielIsBack
Date Posted: 11 March 2009 at 5:55pm
And that makes you less trollish how?
I'm sorry, what rule are we talking about here? 'Cause the failure of the market was due to bad rules, so fixing those should probably be a priority.
Link? If this is really the case, that is beyond stupid. ------------- BU Engineering 2012 |
Posted By: Reb Cpl
Date Posted: 11 March 2009 at 7:15pm
What exact sort of response were you expecting? I said that I do think there's some correlation between the President's actions and the movement of the stock market (Both ways) though I'm not dimwitted enough to pretend that a recession is his fault, but I'm also not not willing to throw a parade in the equally stupid belief that he's going to make it better all on his lonesome. Also, if anyone were to say that the president alone was responsible for the movement of the markets, a swift kick to the face could only serve as a benefit to said people. If it helps you feel better, I can concoct some dross about how Obama is strictly responsible for the downturn and how the upturns are flukes, and we're spiraling into a bottomless pit all because of the socialist in the white house. I won't believe it, but if it'll give you guys someone to make fun of so you can get your condescension points for the day, let me know. ------------- ? |
Posted By: tallen702
Date Posted: 11 March 2009 at 7:40pm
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Whale,
Looking at the data from the past several months, Obama usually spoke on the economy prior to the markets taking a big dip. One could say that the correlation is coincidence, but when the less than good 4th quarter earnings statements came out and other tangible economic news was released, we didn't see such big dips. Anytime he addressed the nation about the economic situation, the markets took a dive because people are reactionary by nature. The president says we are in dire times but have the ability to get through it, and the reactionary traders (which make up a large part of the market) only look at the short term. The cries of "sell" tend to rally people a lot more than the cries of "buy" and the lack of confidence in the financial sector that Obama has shown with his doom-and-gloom statements in the past fed that "sell" mentality. Now, here's where things have changed. Stocks have finally dropped to the point where they are accessible to almost EVERYBODY and they can't really drop a whole lot further unless the poop really hits the fan, which probably won't happen anytime soon. Right now, you're going to see a drastic uptick in the markets because everyone who can buy is starting to see that right now is a pretty good time to buy regardless of projections job loss rates or anything else. If you're lucky enough to have a job, stable income, and a good savings built up, right now is a stock buyer's dream. If I had the spare cash I'd be buying up GE like a madman. But I'm a long-term person. The uptick right now is mainly from people who are looking to sell short. They know that people looking for a good long-term bargain are going to buy and push the market up a bit. If they can forecast which stocks and mutual funds people are going to start buying into, they can make a quick buck off of it. All of that short-selling drives up the market even further. The downside is that when the short-selling is done in this kind of climate, the markets drop sharply again, but not as far as they were before. So, in short, you're seeing an uptick in the markets because bargain hunters are finding it a good time to buy select stocks and mutuals. That is being further bolstered by people looking to make a quick buck off of selling short. The market will drop again soon (in a month or so at most) due to the short-sellers finishing their transactions but the bargain hunters will continue to buy slowly but surely increasing the values of the markets unless something major goes wrong. Prices are simply too low right now to not consider buying stocks regardless what the man in the oval office or the boys in congress say or don't say. And there you have it. ------------- <Removed overly wide sig. Tsk, you know better.> |
Posted By: FreeEnterprise
Date Posted: 12 March 2009 at 9:04am
Yes, it is the case... and I agree it is stupid, but it is just another power grab.
http://www.politico.com/news/stories/0309/19794.html - http://www.politico.com/news/stories/0309/19794.html
Almost as bad as moving the census under Rahm's rule... I bet that will work out for the libs...
http://www.foxnews.com/politics/first100days/2009/02/09/gop-sounds-alarm-obama-decision-census-white-house/ - http://www.foxnews.com/politics/first100days/2009/02/09/gop-sounds-alarm-obama-decision-census-white-house/
------------- They tremble at my name...
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Posted By: brihard
Date Posted: 12 March 2009 at 9:42am
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Tallen, out of curiosity, why General Electric? I know they're a huge multibranched company that will probably respond very positively to any returned vigor in the market, but is there anything more specific than that? ------------- "Abortion is not "choice" in America. It is forced and the democrats are behind it, with the goal of eugenics at its foundation." -FreeEnterprise, 21 April 2011. Yup, he actually said that. |
Posted By: Mack
Date Posted: 12 March 2009 at 1:07pm
Actually, this is one of the few areas where FE is right. The part he is wrong about is that it is Obama's fault; this is a road we would have taken no matter who was elected because the politicians (from both parties) don't have the balls to just set back and let the situation self-correct and only step in where it is really needed. (Fixing lending rules for example-which would be politically unpopular because it would make it harder to get a house.) BusinessWeek ran an interesting story a while back called "The Subprime Wolves are Back." It's an interesting read. -------------
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Posted By: choopie911
Date Posted: 12 March 2009 at 3:43pm
| I still disagree, as an outside observer the changes I'm seeing are (for the most part) great changes to finally see. The US isn't even close to what it was before, and this is finally a step back to where it was. Heck even the arts are getting funding, they were completely ignored for the last 8 years, and anyone remember what happened last time arts and culture were removed from society? |
Posted By: scotchyscotch
Date Posted: 12 March 2009 at 3:54pm
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Countries currently in a recession.... USA UK Germany Brazil Italy Japan France Spain Canada South Korea If it was him then he's got alot of explaining to do.... |
Posted By: Peter Parker
Date Posted: 13 March 2009 at 4:55am
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Random thoughts:
1. It seems relatively obvious that any major announcement from the White House, the Fed, or a number of other significant sources, will have an immediate short-term effect on the stock market. Sometimes this reaction is up, sometimes down. 2. It would be incorrect to extrapolate from this a substantive judgement on the merits of the announcement. If that were so, the Fed should never raise the Fed Funds rate, since the stock market invariably drops after a rate increase announcement. The stock market's reaction does not mean that the Fed's monetary policy is wrong. 3. Political announcements are not the only thing to impact the stock market. Other things, like, say, corporate earnings, also have an impact. Ultimately, the stock market is tied to overall economic performance. 4. I am amused at how the market downturn is the fault of Obama, but the recent bump has nothing at all to do with Obama. Instead, just in this one thread, we have three explanations for this bump: dead cat bounce, recent "affordability" of stocks, and Rush Limbaugh. I find them all equally credible. 5. The reality is that the short-term swings of the stock market are fundamentally unpredictable, despite what day-trader software vendors will tell you. This is true almost by definition, and actual short-term predictability is basically a mathematical impossibility. 6. The Obama-induced drop in the stock market that FE keeps showing charts of? It began in 2007. Somehow the charts never have dates on them, or begin mid-2008. 7. Many folks (including some people here) have been arguing that the recent drop in real estate prices is simply a return to "proper" pricing. Many of those same people are somehow NOT arguing that the recent drop in stock prices is simply a return to "proper" valuations. Looking at the 20-year property value chart and stock market chart side by side is interesting. 8. Long-term stock market performance is very different from short-term volatility, and they generally have different causes. Extrapolating a long-term effect from a short-term effect is usually a mistake. ------------- "E Pluribus Unum" does not mean "Every man for himself". Pop Quiz: What do all the Framers of the Constitution have in common? |
Posted By: choopie911
Date Posted: 13 March 2009 at 2:22pm
| Peter, I'm pretty sure strong winds, or a whale pods migration route could affect the stock market too. |
Posted By: Peter Parker
Date Posted: 13 March 2009 at 2:32pm
I suspect you are joking, but in fact those factors DO affect the stock market. Other significant factors include the dollar/yen exchange rate, fiscal policy in China, weather in Florida, elections in Germany, war in the Middle East, etc. Ultimately it is all about corporate earnings. Everything else is about people trying to read the tea leaves to predict corporate earnings. ------------- "E Pluribus Unum" does not mean "Every man for himself". Pop Quiz: What do all the Framers of the Constitution have in common? |
Posted By: tallen702
Date Posted: 13 March 2009 at 3:28pm
Their stock is at an unprecedented low right now, but they're poised to supply most of the needed equipment for our next gen alternative power solutions. When the economy reaches normalization again, Obama will probably start pushing his alternative energy initiatives as a way to promote economic growth. When that happens, there's going to be a big need for GE's products. Furthermore, GE's president has admitted that it is his, and other top execs fault that the company has succumbed to the slings and arrows of this economic situation. They're a company with a more-than-average sense of responsibility and will rebound unlike other domestic corporations which refuse to move with the times and re-structure before needing gov't bailouts. ------------- <Removed overly wide sig. Tsk, you know better.> |
Posted By: brihard
Date Posted: 14 March 2009 at 6:07am
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Good enough for me. I'm sitting on a lot of cash right now anf have been trying to figure out what to do with it. Putting a bit into GE couldn't hurt... ------------- "Abortion is not "choice" in America. It is forced and the democrats are behind it, with the goal of eugenics at its foundation." -FreeEnterprise, 21 April 2011. Yup, he actually said that. |