There have been far fewer up days then down days since "The One" was elected. The market hasn't even begun to react to our Affirmative Action president-elect. I look for the bottom to come at 5500 to 6000 after the squirrel finally takes office. The reactions now are simply brokers buying cheap and then grabbing quick profits.

They may have jumped the gun on The One's ability to save the market...Stocks are tumbling again today...

http://www.withbias.net

In a brilliant moment of 'I Told You So' the far-right now wants take any and all credit from Obama for the recovery taking place.  But just three weeks ago their Messiahs (Hannity & Limbaugh) were going on and on about how Obama had failed to turn around the economy just days after being elected (overwhelmingly, might I add...).  The Obama Recession they called it.  Fair enough.  Will they now call this the Obama Recovery?  Me thinks not. 

 The Markets are reflecting the Soros "O" Dumbo Presidency!!!! 

What kind of hubris does it take to have an offical "Office of the President-Elect"? That's an administration office?  What the hell kind of baloney is that all about?

Does this knucklehead think that none of this will ever catch up to him?  I was willing to give him a chance to screw things up before I really laid the wood to him, but you've got to be kidding me!

This is getting ridiculous. Are they not embarrassed?  Or is Obami not embarrassed? Here we go!!

Then HE musta farted because the "market" stinks.

Ugh oh!  How will the MSM possibly explain this?  The Messiah holds his daily press conference this morning to announce his defense team.  At about the same time, the Dow Jones Index dropped about 430 points.  The major indexes fell about 5%.  The US dollar fell against other currencies.  Gold prices fell sharply.

My, my, my.  Will the MSM make a connection between The Great One's announcement and the crash on today's market which wiped out the gains made last week?  Or will it be Bush's fault?

Must be Sarah Palin's fault; she's down in Georgia campaigning for Chambliss.

BW222

Michael. USA Today's Adam Shell seems to be playing this just a bit biased to one side. I took a look back at he's covered recent big swings in the market.

Nov. 5th (day after) Post-election glow dies fast as Dow drops 486 points - Results are in - Obama won - just post-election jitters.

Nov. 7th  Dow sinks as bleak mood descends on markets "After rallying almost 20% off its low in a six-session run to the presidential election, the stock market has suffered a nasty two-day relapse. That has prompted fresh fears about whether stocks have really hit bottom and dashed much of the optimism following President-elect Barack Obama's historic win."

Really! We think the rally had to do with hope that McCain might score a miracle. The two day historic loosing streak was in concert with the Obama win, buddy. Just where was the market optimism following the Obama win?

Nov. 20th Dow Jones, S&P shatter bear-market stock lows  - nope not much here about Obama not doing much.

Nov 22nd Stocks rally as Dow jumps almost 500 points on Geithner report - Boom! ".. a key figure in helping solve the financial crisis [on the Bush team] will be nominated by President-elect Barack Obama to be the USA's next Treasury Secretary."

Nov 24th S&P 500 up 6.5% on Obama's stimulus plan, Citigroup rescue Double Boom! More confidence in Obama's ability to lead..

Can't wait for tomorrow to find out how it was not Obama's presence today that caused the markets to collapse.

(;~> gary

PS - my favorite comment from election day was this:

Nov 4th History on how presidential elections affect stock markets - Adam is a real historian here: "Let's bust one myth: namely, that Republican presidents are better for stocks. It is not true." Well, Adam, that's because the free market party, the Democratic party, is know for supporting the corporate cause - lower corporate taxes, less regulation, free trade policies, lower wages, bigger CEO salaries, more receptive to corporate lobbying efforts, etc.

Anybody in the MSM going to give The Messiah credit for a one-day 10% drop in the S&P????

 Even Fox News won't do it so that means there is nobody out there to blame him for bad news in between media praise for any good news being His doings. 

(Must be great to be Obama. If the sun rises, he gets credit. If it rains, he can blame Bush.  If his ideas work, he's a genius. If they don't work, he still gets praised for 'believing' in the right things.  If only there was a universe where non-liberals could get this kind of treatment from the media and leave office with astronomical approval ratings despite having created a recession.)

But the market went down 7% today. Why do the MSM idiots keep saying this stupid stuff? It makes me so angry. I think the market tanked today because The One made it official that Hillary would be SOS. The USA Today better make a retraction tomorrow or they'll be getting another one of my emails.

Dup. post.

Oooops!