Election - Market Reaction

The assholes being polled don't move markets.

PROFESSIONAL traders are ONLY FOCUSED on the SENATE.

 

do i hear $100 (on spy)?

YES!

 

Markets priced in a Obama win last week

http://elitetrader.com/vb/showthread.php?s=&threadid=142921&perpage=6&pagenumber=1

 

"Markets" priced in an Obama win months and months ago.....

 

<a href="http://imageshack.us"><img src="http://img131.imageshack.us/img131/4033/obamarallyju0kf4.png" border="0" alt="Image Hosted by ImageShack.us"/></a><br/>


Beginning daily bar of the Obama rally was last week.

Markets were about to break down when McCain changed his message to the economy.

McCain changed back to attack and no-substance mode and market put in a large range daily bar.

Markets don't like McCain.

 

1. You don't even live in America.

2. As far back as June McCain was 29% on Intrade.

3. Longs have been exiting on cap gains and corporate tax hike worries since the 2006 ELECTIONS.

4. The trade has been focused on the SENATE for weeks.

 

i would not short overnight even if i were KKK.

 

I'm sure that's why the Dow fell 3,000 points.

 

Sure. It was just coincidence that the month before the certain election of a tax increasing President that stocks imploded.


The ENTIRE WORLD broke in part because of the left leaning political situation in the United States. The credit crisis was 60% of the decline the fear of impediment to corporate profits the last 40%.

 

to many it was clear that obama will win long before the market imploded. so his win was priced in BEFORE the huge nose-dive.