The effect of the election on the stock market

The effect of the election on the stock market

11-07-2009, 06:27 AM

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fest3er

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Join Date: Aug 1999 Location: Union of American Socialist Republics Posts: 2,103 Photo Gallery Old Reader's Rigs Gallery

The effect of the election on the stock market

Saturday, 11/7/2009 - In October, my 401K lost 3.6%. This whole week (M-F), it gained 3.1%. Clearly investors were dreading what might happen if more unapologetic thieves were elected to the kleptocracy. But it seems that the people tended to elect apologetic thieves instead, thus restoring a measure of calm to and confidence in the market.

Disclaimer: this is nothing but coincidence. I did exactly what the media do: clicked and tweaked until I found a nice set of "Gee whiz!" numbers, then fabricated an introductory line designed to fan the flames of polemic political arguments, to inflame arguments between the decent folk and the hive mob.

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