Rich in Ohio Posted November 2, 2004 Posted November 2, 2004 Looks like wallstreet has a little insight. There is no question that they want GWB back for another 4 years, and they are buying as if they know something. My bet is that they have it right.........god news for GWB.
Alaska Darin Posted November 2, 2004 Posted November 2, 2004 Looks like wallstreet has a little insight. There is no question that they want GWB back for another 4 years, and they are buying as if they know something. My bet is that they have it right.........god news for GWB. 96477[/snapback] It's more likely the "Thank God it's over" bump.
nobody Posted November 2, 2004 Posted November 2, 2004 I thought it was due to slightly lower oil prices.
DC Tom Posted November 2, 2004 Posted November 2, 2004 I thought it was due to slightly lower oil prices. 96839[/snapback] It was. Falling oil prices...falling because the excessive risk priced into them has been becoming progressively less excessive in the eyes of futures traders who forsee a Kerry victory. At least, that's the way the logic is going. In reality...the market does whatever the !@#$ it wants, often with little or no reason.
BuffaloBorn1960 Posted November 2, 2004 Posted November 2, 2004 It was. Falling oil prices...falling because the excessive risk priced into them has been becoming progressively less excessive in the eyes of futures traders who forsee a Kerry victory. At least, that's the way the logic is going. In reality...the market does whatever the !@#$ it wants, often with little or no reason. 96875[/snapback] Or... it could be market forces at work with supply catching up witth demand.
DC Tom Posted November 2, 2004 Posted November 2, 2004 Or... it could be market forces at work with supply catching up witth demand. 96884[/snapback] http://story.news.yahoo.com/news?tmpl=stor.../markets_oil_dc Some analysts also say a Bush win could stoke nervousness about U.S. policy in the oil-producing Middle East, particularly Iran, while Kerry is seen as more likely to work through conventional diplomatic channels Really, it's a bunch of different reasons: increased Russian exports, decreased demand, etc. But the reduced risk premium in a market that perceives a Kerry victory is a very real reason.
/dev/null Posted November 2, 2004 Posted November 2, 2004 after the release of early exit polls showing strong support for kerry, the markets dipped into negative territory http://cbs.marketwatch.com/news/newsfinder...4F}&siteid=mktw
todd Posted November 2, 2004 Posted November 2, 2004 Looks like wallstreet has a little insight. There is no question that they want GWB back for another 4 years, and they are buying as if they know something. My bet is that they have it right.........god news for GWB. 96477[/snapback] You're on crack. The markets just LOVE high oil prices and corruption, don't they?
Alaska Darin Posted November 2, 2004 Posted November 2, 2004 You're on crack. The markets just LOVE high oil prices and corruption, don't they? 97438[/snapback] Corruption didn't give the market problems from 1995-1999.
gmac17 Posted November 3, 2004 Posted November 3, 2004 after the release of early exit polls showing strong support for kerry, the markets dipped into negative territory amazing the power that drudge has....
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