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(Reuters)   Stocks up on news that someone is going to win the election   ( reuters.com) divider line
    More: Asinine, IXIC, futures contracts, industry sectors, European Economic Area, portfolio manager  
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1260 clicks; posted to Politics » on 06 Nov 2012 at 3:47 PM (5 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»

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2012-11-06 05:08:15 PM  
Awesome. Thanks.
2012-11-06 06:14:26 PM  
I guess I will have to tell my mother. She is convinced that if Obama is re-elected there will be a financial crisis of the likes that mankind has never known. But I think she is still angry at me for one of my fb posts. My three reasons why anyone would vote Romney: Mormon, Rich, Racist. And she ain't Mormon nor rich.
2012-11-06 06:30:09 PM  

powhound: My three reasons why anyone would vote Romney: Mormon, Rich, Racist. And she ain't Mormon nor rich.

You're assuming too much of Romney supporters. You don't have to be Mormon, rich or racist to be gullible enough to believe everything you hear on Fox and read in "Fwd: Fwd:" e-mails.
2012-11-06 07:00:18 PM  

Rapmaster2000: theknuckler_33: Moopy Mac: dennysgod: [i2.cdn.turner.com image 475x280]

They must be some sort of wizard, they've known Romney was going to make a surprise win since 2009.

Your graph states that the Dow is down almost 5%. That is pathetic performance. Good job Obama.

I was wondering what that was. I'm guessing return since all-time high in November 2007?

This reminds me of my favorite dumb analysis: "The market rose/fell on the day Bush/Obama was inaugurated." As if there was no possible way for traders to foresee the inauguration ahead of the inauguration date.

You'll hear it again this year.

My father, an otherwise rational man, said that exact thing in January 2009. I'm confident that the market knew the results of the November 2008 election prior to then.
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