I was just check to see if anyone saw this...it's to funny to miss!
BAH! Good one Steve.
I bet that graph goes back a heck of a lot more than the 50 days Obama has been in the Whitehouse!! I think we can chalk this up to a different Doofus!!
Actually the market was good during Bush. The market is fearful of Obama's socialist views. To quote MSNBC Cramer "Mad Money" host said: we have "an agenda in this country now that I would regard as being a radical agenda"; Obama's just announced budget "put a level of fear in this country that I have not seen ever in my life," and; "This is the most, greatest wealth destruction I've seen by a president.
hmmm 8 divisions could be 8 days or maybe 8 weeks...sounds right on the weeks
Your actually quoting Cramer after what has come out about him recently???
http://www.marketwatch.com/tools/quotes/intchart.asp?symb=SPX longer than 8 months since the high point and the nose dive started back in mid-May last year!!!!
I really haven't been following it that much since I have no money to invest. I just know that if you have socialist practices in place the market won't respond much.
Isn't plummeting responding?
That is when the housing market started tanking which is causing this depression. Senate Banking Commissioner Senator (get me a good deal on my mortgage)Dodd from my home state has been ignoring warnings for years while being the number one recipient of Fannie Mae and Freddie Mac money. This I'm very versed on because I freelance in photojournalism for the local TV news and I have a series of questions waiting for him when I get to interview him.
peter
This is clever.