Rich in Ohio Posted November 2, 2004 Share 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. Link to comment Share on other sites More sharing options...
Alaska Darin Posted November 2, 2004 Share 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. Link to comment Share on other sites More sharing options...
nobody Posted November 2, 2004 Share Posted November 2, 2004 I thought it was due to slightly lower oil prices. Link to comment Share on other sites More sharing options...
DC Tom Posted November 2, 2004 Share 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. Link to comment Share on other sites More sharing options...
BuffaloBorn1960 Posted November 2, 2004 Share 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. Link to comment Share on other sites More sharing options...
DC Tom Posted November 2, 2004 Share 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. Link to comment Share on other sites More sharing options...
/dev/null Posted November 2, 2004 Share 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 Link to comment Share on other sites More sharing options...
todd Posted November 2, 2004 Share 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? Link to comment Share on other sites More sharing options...
Alaska Darin Posted November 2, 2004 Share 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. Link to comment Share on other sites More sharing options...
gmac17 Posted November 3, 2004 Share 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.... Link to comment Share on other sites More sharing options...
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