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pandy
11-05-2008, 06:30 AM
They've been saying (on CNBC) that the market already priced an Obama win in but I don't believe it. I expect the market to drop a few hundred points today, maybe more.
lamboguy
11-05-2008, 09:04 AM
it should pull back to about s+p 960, and then take off from there to around 1100. we might not like obama here, but around the world they love him.
pandy
11-05-2008, 09:33 AM
You're right, overseas markets were up sharply.
RaceBookJoe
11-05-2008, 02:21 PM
Nice call Pandy, looks like a little profit taking going on today. With 100 minutes left in the day...the DOW is down 330 points. rbj
delayjf
11-05-2008, 02:31 PM
but around the world they love him.
IMHO, that's because the rest of the World views him as a pacifist. That he will not advance what is in the US's bests interests. Chavez and Putin would much rather deal with Obama than McCain or President Bush. They know that Obama will be hesitant to act given the unpopular War in Iraq.