General Discussion

Bragi

(7,650 posts)

31. Hey Koch Brothers! How's your day going so far?

Wed Nov 7, 2012, 12:17 PM

Nov 2012

This morning's market movement suggests some particularly dumb Wall Streeters as of yesterday had factored a Romney win into prices, and now that Obama has won, they are selling off at reduced prices.

If so, they are dumb fucks. I think it's likely that what we're seeing right now are angry, stupid small-investor ideologues selling off stuff because they're in a huff. This makes whatever they're selling attractive to smarter buyers.

I would expect therefore that the market will recover these losses later today, or soon thereafter.

I love the smell of right-wing fear in the morning.

- B

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looks like wall street is punishing america for choosing Obama. dow... -302 [View all] spanone Nov 2012 OP

those f****ers cilla4progress Nov 2012 #1

no correlation, I'm sure Coyotl Nov 2012 #2

289 points. What is that 2%? Kolesar Nov 2012 #5

Forget wall street. They are just a manipulated casino, who will NOT be able to get your Social still_one Nov 2012 #3

They might also have some vague fear of a tightening of regulation. Jackpine Radical Nov 2012 #7

We still have too big to fail still_one Nov 2012 #29

Taking capital gains before the tax code is changed? JDPriestly Nov 2012 #39

I don't even care liberal_at_heart Nov 2012 #4

that's not true OKNancy Nov 2012 #16

the majority of Americans are not investing right now liberal_at_heart Nov 2012 #25

.... and Elizabeth Warren. marmar Nov 2012 #6

That's it! Jackpine Radical Nov 2012 #15

OK, I was wrong twice in the same thread. Jackpine Radical Nov 2012 #44

Is The Market Reacting To An Obama Win Or The Statements By McConnell & Boehner That They Will.... global1 Nov 2012 #8

good question spanone Nov 2012 #10

It has nothing to do with the election. jschurchin Nov 2012 #9

This... ^^^^^^ n/t MANative Nov 2012 #24

has little to do with the election... It's Europe OKNancy Nov 2012 #11

It'll probably be double what it is today by the end of Obama's term. OhZone Nov 2012 #12

It's not about Obama, it's about Europe. DanTex Nov 2012 #13

Who the fuck cares? Zoeisright Nov 2012 #14

the rich are pissed. notadmblnd Nov 2012 #17

-302 is`t that bad considering europe is ill and china is undergoing change madrchsod Nov 2012 #18

yeah I heard a couple of days ago that there was bad news liberal_at_heart Nov 2012 #32

These are sour grapes Republicans shooting themselves in the foot Warpy Nov 2012 #19

IS IT WALLSTREET OR ... Light63 Nov 2012 #20

Neither, it's about the situation in Europe, as has been stated a couple of ChisolmTrailDem Nov 2012 #22

Glad they waited till today instead of before election wishlist Nov 2012 #21

let em drop it. PowerToThePeople Nov 2012 #23

And Chris Matthews isn't helping - say it ain't so, Chris! Zax2me Nov 2012 #26

The big money knew... Z_California Nov 2012 #27

Wall Street Dandies throwing tantrums... farmbo Nov 2012 #28

it is b/c of this president's policies that wall street is up to where it is leftyohiolib Nov 2012 #30

Hey Koch Brothers! How's your day going so far? Bragi Nov 2012 #31

I hope it gets worse. It would be a good opportunity ... dawg Nov 2012 #33

Yup...."Buy when there's blood on the streets. Sell when they're dancing in the streets." RagAss Nov 2012 #38

For those who still play the market, today is a wonderful opportunity to coalition_unwilling Nov 2012 #34

Sell off...... JPK Nov 2012 #35

CALM DOWN!! This has more to do with Europe's debt problems. MichDem10 Nov 2012 #36

Should have been some prosecuting 4 yrs ago! B Calm Nov 2012 #37

Bank Stocks n/t Ellipsis Nov 2012 #40

Relax, it's just some stocks going on sale :P slutticus Nov 2012 #41

Prosecutions for what? onenote Nov 2012 #42

It's all about Europe today ProudToBeBlueInRhody Nov 2012 #43