Veteran advisers says market won't bottom before 2012 if Obama is elected President

tasco66 says on Oct 13, 2008, 06:16:

Wow, sell everything before you are completly wiped out...

Not being bound to swear to the dogmas of any master

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ronaldo says on Oct 14, 2008, 20:05:

These "Veteran Advisers" as they are called all want to tell you how to invest your money. Why don't they stop wasting their time and follow their own advice and make a billion themselves.
Here is some great advice from a "Veteran Advisor" .........don't listen to any "Veteran Advisors".
"Investors are scared to death of a strong move to socialism"............I got news for him, the US already has the largest single socialist program on the face of this earth. Some brilliance.

Ronaldo

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miamimike says on Oct 14, 2008, 20:41:

This Veteran Advisor's Ignorance is indeed refreshing,,,LOL What is he saying about the current crew who got us into this Mess?

On Sept 17, 2008: Senator John McCain said, as he had many times before, that he believed the fundamentals of the economy were "strong."Hours later he backpedaled, explaining that he had meant that American workers were Strong.

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tasco66 says on Oct 15, 2008, 05:45:

Barrons: The Next President's Impact on Stocks
By AVI SALZMAN

Special report: Which candidate will help the markets more?

BARACK OBAMA SOARED in the presidential election polls last week, taking a clear lead over his rival John McCain. And stocks had one of their worst weeks ever.

But pinning that stock-market bust on the growing likelihood of an Obama victory is a dubious proposition given the many other factors affecting the stock market these days.

That said, a sweeping Democratic victory does raise a red flag for some stock watchers. An Obama win, particularly coupled with a big enough victory by Democrats to give them a filibuster-beating 60-member army in the Senate, could cause consternation in the markets.

That's largely because the Illinois senator will seek to increase both taxes on capital gains and stock dividends.

Democratic dominance in Congress would likely lead to more pro-labor policies, for instance, and could threaten free trade policy, which Democrats have criticized during the campaign.

http://online.barrons.com/article/SB122393406055230261.html?mod=b_hpp_...

Not being bound to swear to the dogmas of any master

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tasco66 says on Oct 15, 2008, 09:16:

Not being bound to swear to the dogmas of any master

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