S&P will recover to 1200 then going to 1800 by the end of 2009. Mental recession is over, new bull market has begun.
No Landslide!! Almost same as 2004, was 2004 a landslide? 2008 McCain 55,278,000 Obama 62,322,000 2004 Bush 62,040,606 Kerry 59,028,109 ___________________ Bush / Obama about same vote total McCain down 5 Million form Kerry McCain was close. This is the difference, Here is why Obama won Ohio +207,000 Florida +200,000 Virginia +155,000 Indiana +23,000 N Carolina +11,000 Colorado +140,000 Nevada +120,000 About 900,000 votes...Thatâs it! But all in the right place.
LOL. So how are you assigning those percentages? Markets hate uncertainty, and a presidential election that drags out over a month is about as uncertain as it gets. Also, in late 2000 we were already in the early stages of a bear market. It would be equivalent to a major negative event occuring late last year or early 2008, before so much bad news was already priced in (like it is now).
Quote from antincedo: i dont think this recently rally was a result of a pumping of the markets by republicans markets are responding to an obama presidency ___________ If you assign yesterday's rally to Obama, then today's decline has to be assigned to BHO. Both assumptions are wrong, IMHO.
+3 million to -5 million is a significant difference. In 2004 when Bush won 286 he claimed that it was a mandate from people. Obama received about 80 more votes so this can be considered a landslide. This is nothing compared to what Reagan did in 84 but he was an incumbent. Democrats won the popular vote, the electoral college, 28 states and increased their seats in the senate and congress. This is just the begining. Obama will likley have the opportunity to elect 3 SC judges during his term so this will get better. It will be nice to see Hillary Clinton or Al Gore as a SC judge. I'm glad this election is over. Time for bed and back to work starting tomorrow.
Work hard...those less fortunate are counting on you providing for them....if only they had a messiah.....LOL.