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Is the upsurge in the Stock Market because the Democrats are polling

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Toots Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-03-06 09:10 AM
Original message
Is the upsurge in the Stock Market because the Democrats are polling
at record highs over the Republicans. The Stock market has been stagnant for five years and now with Democrats polling over fifty percent and Republicans in the thirties the Stock market is coming back to life. If that isn't the reason what do you believe it is? I believe people are finally becomming optimistic for the first time in five years. They understand there is a very good chance the Republicans will be thrown out on their asses and that bodes very well for our country and our economy. I can think of no other reason..:shrug:
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bryant69 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-03-06 09:11 AM
Response to Original message
1. That's as good a theory as any
Certainly I remember old Rushbo on more than one occasion saying "The Market's up because they are happy that President Bush is doing good or Democrats are doing poorly or some other bullshit."

A return to democrats is a return to normalcy.

Bryant
Check it out --> http://politicalcomment.blogspot.com
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JNelson6563 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-03-06 09:14 AM
Response to Original message
2. No, that's not it
Elections don't play into the stock market this far out.

What you are seeing is buyers reacting positively to good profits. While profitability is up the big money tends to buy. Of course they are quite nervous too as you can tell by how Gold is skyrocketing. It was at 677 an oz. this morning, last I looked.

Another thing to consider is the Treasury Market. Yields are high, values low. Usually Treasuries are a place to hide when the big money's nervous. Not so this time.

Be afraid, be very afraid.

Julie
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Norquist Nemesis Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-03-06 09:42 AM
Response to Reply #2
9. It's Gold that's reinforcing my anxiety
A long time ago, I heard/learned to think of the economy as a nuclear reactor and gold is the thermometer. A sharp increase like we're seeing is not good. Not good at all.
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JNelson6563 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-03-06 10:15 AM
Response to Reply #9
11. There is one upside
for those of us who went long on gold before it was even at $400 an oz.

:toast: I saw this comin' a mile away!
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fooj Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-03-06 09:15 AM
Response to Original message
3. How about the 2 Trillion they just printed?
Your idea works for me, as well. Just adding my thoughts...
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TheFarseer Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-03-06 09:15 AM
Response to Original message
4. The stock market is up
because corporate profits are fine, in most cases. The trend of the dow is naturally up because of inflation and the fact that loser stocks are dropped and winners are kept.
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Rabrrrrrr Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-03-06 09:18 AM
Response to Original message
5. The market loves democrats - simple as that.
In my opinion.

It did its best under Clinton. And it didn't start tanking until Fuckstick was up for president and then "won" it.

The Market is basically old school - the old school before the Christian ring wing Zionist Armegeddon-waiting evolution-misunderstanding hypocritical fuckbags took over the republican party.

That's the beauty of money and the market - no religious bullshit, no jingoism: they follow the dollar and the economy, and they know that the democrats, at this time, have the better fiscal policy because theirs isn't based on increasing debt and supporting malicious, ill-thought, religious-based wars and kickbacks to the oil industry.
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skipos Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-03-06 09:22 AM
Response to Original message
6. It is a fact that the stock market and the economy do better under dems
"Using the Dow Jones industrial average as the benchmark, Stock Trader's Almanac shows a $10,000 investment compounded during Democratic presidencies since 1901 would be worth $279,705 after 48 years. The same $10,000 investment during 56 Republican years would have been worth just $78,699."

http://www.usatoday.com/money/perfi/columnist/krantz/2005-12-02-presidents_x.htm

"Not surprisingly, Bill Clinton tops the magazine's (Forbes) prosperity chart. He is followed by two other Democrats – Johnson and Kennedy."
http://www.americanprogressaction.org/site/pp.asp?c=klLWJcP7H&b=131769
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FloridaPat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-03-06 09:23 AM
Response to Original message
7. Micahael Ruppert has an interesting therory that the market goes
up based on the amount of opium sold by the CIA and their need to launder money. When the Taliban cut Afghanistan's poppy crops to 0, the market crashed. Now things are back to normal.

www.fromthewilderness.com
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-03-06 09:36 AM
Response to Original message
8. Unfortunately, I can
The housing bubble is losing air at a quicker rate.

There are still people out there with money to invest and they're taking it out of real estate as soon as they can while they can still turn a profit and they're putting it into stocks, especially the stocks that are still paying dividends.

Right now, the market is the best bet.
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madokie Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-03-06 09:48 AM
Response to Original message
10. The economy started improving when it was apparent in '91 that the big dog
was going to win the whitehouse, if I remember correctly.
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