Wall Street Is Unprepared for a Dem Sweep

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Bad for business

I sold every stock I owned the day before yesterday, not because of the recession, but because of the Democrats probable takeover of all the branches of government. They will be bad for insurance, energy, medical, taxes, and labor relations. I may be too pessimistic, but I can't make any argument for any of those areas being better in terms of investment. I am going to short QQQQ tomorrow, I think people are beginning to wise up, but it will be too late.

David Taborsky of CA @ Feb 06, 2008 19:29:06 PM

Unprepared for a Dem Sweep?

Anyone who cares to do a little research will see that the stock market has performed the best when a (listed best to worst ):
Democratic White House with a Democratic House and Senate;
Republican White House with a Democratic House and Senate;
Democratic White House with a Democratic House and Republican Senate;
Republican White House with a Republican House and Democratic Senate;
Republican White House with a Republican House and Senate.
To paraphrase Reagan, a rising tide lifts even the biggest boats.

Joel Hunnicutt of NC @ Feb 06, 2008 16:02:08 PM

Yes, I imagine those hoping for centrism won't get it and that more government regulation (oh how we need it) will happen and more - as mentioned, the stopping in their tracks of more tax cuts for the wealthy etc.
A great day on Wall Street! Because the dems WILL come in, and it WILL be Obama.

Carol McFarlane of WA @ Feb 06, 2008 15:11:19 PM

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Wall Street Is Unprepared for a Dem Sweep

Bad for business

Unprepared for a Dem Sweep?

Capital Commerce

Money

Wall Street Is Unprepared for a Dem Sweep

Bad for business

Unprepared for a Dem Sweep?

Capital Commerce

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