Balta1701 Posted February 7, 2010 Share Posted February 7, 2010 You'll note, I never said or thought it was BO's work when it was going up, I'm the one arguing the fed has blown up another stock bubble by pumping the markets full of zero-interest cash (which, conveniently, is winding down at the same time as the downwards move you're so happy to blame on the President). But of course, it's always me defending Obama, not you guys always attacking him. Link to comment Share on other sites More sharing options...
bmags Posted February 7, 2010 Share Posted February 7, 2010 it's okay, keeping 0 inflation is all that matters. Link to comment Share on other sites More sharing options...
kapkomet Posted February 7, 2010 Share Posted February 7, 2010 QUOTE (bmags @ Feb 6, 2010 -> 09:15 PM) it's okay, keeping 0 inflation is all that matters. Which will prove over time to be impossible. So what next? Link to comment Share on other sites More sharing options...
bmags Posted February 7, 2010 Share Posted February 7, 2010 who knows, but sub 2 inflation okay, 2 inflation OH MY GOD TAKE ALL OF YOUR MONEY OUT HOLY f*** WE ARE GONNA DIE. Link to comment Share on other sites More sharing options...
southsider2k5 Posted February 7, 2010 Share Posted February 7, 2010 QUOTE (Balta1701 @ Feb 6, 2010 -> 07:11 PM) 9 straight months of the market going up, and not once do you guys point out a connection between the Pres. making a speech, and the moment it starts going down again and the market, it's immediately "Look how it started going down after Obama talked!" Frankly, so what. Are you out there pointing out everytime something bad happens for Obama, or good for the GOP? Get off of your high horse. Link to comment Share on other sites More sharing options...
bmags Posted February 7, 2010 Share Posted February 7, 2010 i think he's pointing out that either you have irrational actors or you are pointing to things that aren't proper indications for presidential approval. Link to comment Share on other sites More sharing options...
southsider2k5 Posted February 7, 2010 Share Posted February 7, 2010 QUOTE (bmags @ Feb 6, 2010 -> 10:14 PM) i think he's pointing out that either you have irrational actors or you are pointing to things that aren't proper indications for presidential approval. Who ever said they were indicators of Presidential approval? Like I said, you guys are trying to turn this into something it is not. That is the whole problem here. There are a few people here who want to turn this into something hyperpartisan, and then cry about it being partisan. This isn't that complex and conspiratorial, no matter what you all think. Link to comment Share on other sites More sharing options...
bmags Posted February 7, 2010 Share Posted February 7, 2010 if it's that simplistic, then they are being irrational. OH NO THE PRESIDENT SPOKE THE RADio SAID THAT HE IS SOCIALIST THEREFORE I LOSE MONEY OH NOES SELL SELL SELL. Either way they are retarded. Link to comment Share on other sites More sharing options...
southsider2k5 Posted February 7, 2010 Share Posted February 7, 2010 Yep. Completely missing the point. Link to comment Share on other sites More sharing options...
lostfan Posted February 7, 2010 Share Posted February 7, 2010 I see your point SS but I don't see how bmags missed it Link to comment Share on other sites More sharing options...
bmags Posted February 7, 2010 Share Posted February 7, 2010 You can't have it any way you like it. You can't criticize obama when the the market tanks and claim it was because of his policies and also claim that the market doesn't work off his policies. Link to comment Share on other sites More sharing options...
lostfan Posted February 7, 2010 Share Posted February 7, 2010 He's not saying it's because of his policies per se Link to comment Share on other sites More sharing options...
bmags Posted February 7, 2010 Share Posted February 7, 2010 It'd be easier to accept ss2k5's statement if numerous statements were not made in this thread of "ohp markets tanked moments after obamas stimulus speech heheheheheeh" "oooop markets went down as soon as the day opened after his health care speech hehehehehehehe" all over this thread. Link to comment Share on other sites More sharing options...
kapkomet Posted February 7, 2010 Share Posted February 7, 2010 QUOTE (bmags @ Feb 6, 2010 -> 10:55 PM) It'd be easier to accept ss2k5's statement if numerous statements were not made in this thread of "ohp markets tanked moments after obamas stimulus speech heheheheheeh" "oooop markets went down as soon as the day opened after his health care speech hehehehehehehe" all over this thread. Okay, but they did. Just saying. Link to comment Share on other sites More sharing options...
Cknolls Posted February 7, 2010 Share Posted February 7, 2010 QUOTE (Balta1701 @ Feb 6, 2010 -> 07:11 PM) 9 straight months of the market going up, and not once do you guys point out a connection between the Pres. making a speech, and the moment it starts going down again and the market, it's immediately "Look how it started going down after Obama talked!" Because as I have said before the huge rally was due to the gov't forcing people to chase yield and the only place they were going to get paid was the stock mkt. They forced people to take risk. That is not a good thing. Link to comment Share on other sites More sharing options...
southsider2k5 Posted February 7, 2010 Share Posted February 7, 2010 QUOTE (bmags @ Feb 6, 2010 -> 10:49 PM) You can't have it any way you like it. You can't criticize obama when the the market tanks and claim it was because of his policies and also claim that the market doesn't work off his policies. QUOTE (bmags @ Feb 6, 2010 -> 10:55 PM) It'd be easier to accept ss2k5's statement if numerous statements were not made in this thread of "ohp markets tanked moments after obamas stimulus speech heheheheheeh" "oooop markets went down as soon as the day opened after his health care speech hehehehehehehe" all over this thread. And for like the 78th time... THOSE THINGS ARE NOT MUTUALLY EXCLUSIVE. You guys have no idea what you are talking about. Let me put it into terms the left wing can understand. You are trying to make the moral equivalency of "Hey we got two feet of snow today, so global warming doesn't exist.", actually true. Link to comment Share on other sites More sharing options...
bmags Posted February 7, 2010 Share Posted February 7, 2010 And like I said, if these people are affecting money and changing the market because of a speech, than they are irrational actors Link to comment Share on other sites More sharing options...
southsider2k5 Posted February 7, 2010 Share Posted February 7, 2010 QUOTE (bmags @ Feb 7, 2010 -> 10:37 AM) And like I said, if these people are affecting money and changing the market because of a speech, than they are irrational actors lol. You are pretty much calling the entire country irrational then, because the valuations of companies are set based on order flow that comes to the marketplace. I guess we are back to the idea of not trusting people to make their own decisions. Link to comment Share on other sites More sharing options...
bmags Posted February 7, 2010 Share Posted February 7, 2010 Yes, if they are so retarded that they think the president can raise his wand and make it so, they aren't paying attention. Link to comment Share on other sites More sharing options...
Cknolls Posted February 7, 2010 Share Posted February 7, 2010 (edited) FWIW. The daily charts left a HUGE buy signal on Friday. We could rally back up to 1110-1111 area before selling off again. But the weeklies had 3 consecutive lows for the first time since the March lows. So we could see a two week rally into expiration before a selloff. Edited February 7, 2010 by Cknolls Link to comment Share on other sites More sharing options...
Balta1701 Posted February 7, 2010 Share Posted February 7, 2010 QUOTE (Cknolls @ Feb 7, 2010 -> 12:23 PM) FWIW. The daily charts left a HUGE buy signal on Friday. We could rally back up to 1110-1111 area before selling off again. But the weeklies had 3 consecutive lows for the first time since the March lows. So we could see a two week rally into expiration before a selloff. Unless the President makes a speech. Link to comment Share on other sites More sharing options...
southsider2k5 Posted February 7, 2010 Share Posted February 7, 2010 QUOTE (Balta1701 @ Feb 7, 2010 -> 11:39 AM) Unless the President makes a speech. Congrats. You have become Kap. Link to comment Share on other sites More sharing options...
Balta1701 Posted February 7, 2010 Share Posted February 7, 2010 QUOTE (southsider2k5 @ Feb 7, 2010 -> 01:53 PM) Congrats. You have become Kap. I learned from the master Link to comment Share on other sites More sharing options...
NorthSideSox72 Posted February 7, 2010 Share Posted February 7, 2010 QUOTE (Cknolls @ Feb 7, 2010 -> 08:16 AM) Because as I have said before the huge rally was due to the gov't forcing people to chase yield and the only place they were going to get paid was the stock mkt. They forced people to take risk. That is not a good thing. and guess what the end result of bumping the dividend tax from 15% to 39% will be? Riskier, lower and non-yield stocks will come into greater favor, and value picks tank. We reward risker firms - which is the opposite of what ObamaCo has said they wanted to do. Stupid. Link to comment Share on other sites More sharing options...
southsider2k5 Posted February 7, 2010 Share Posted February 7, 2010 QUOTE (NorthSideSox72 @ Feb 7, 2010 -> 02:19 PM) and guess what the end result of bumping the dividend tax from 15% to 39% will be? Riskier, lower and non-yield stocks will come into greater favor, and value picks tank. We reward risker firms - which is the opposite of what ObamaCo has said they wanted to do. Stupid. But that is a stupid reason for stocks to be worth less because Obama said it! Link to comment Share on other sites More sharing options...
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