Nicholas Geti wrote:
> ----- Original Message ----- 
> From: "Garrett Fitzgerald" <[EMAIL PROTECTED]>
> To: "ProFox Email List" <[email protected]>
> Sent: Thursday, November 06, 2008 9:48 AM
> Subject: RE: [OT]Stock market not impressed with Obama
>
>
>   
>>>>> News flash, Nick: Bush is president for the next two months.
>>>>>           
>>>> The analysis I saw said that the Dow fell because the
>>>> indicators for retail
>>>> holiday sales were lower than expected.
>>>>         
>>> Yeah, it had nothing to do with a candidate being elected who wants to 
>>> rob from the productive to give to the non-productive.
>>>       
>> Good God, Madigan, how stupid are you?
>>
>> THE HOLIDAY SALES TAKE PLACE BEFORE OBAMA IS IN OFFICE!
>>
>> IF YOUR SCENARIO HAD ANY BASIS IN REALITY, PEOPLE WOULD BE SPENDING
>> MONEY NOW BECAUSE THEY WON'T HAVE IT LATER!
>>
>> DIG THE CRAP OUT OF YOUR BRAIN, WILL YOU????????
>>
>>
>>     
> Garrett,
> Well, how stupid are you? Anyone who watches the stock market at all knows 
> that it anticipates the future economic picture by six months. Analysts are 
> already speculating about the Obama effects and making their trades. It is 
> obvious you know nothing about how our economy works.
>
>   

The stock market will begin to recover from the recent downturn six 
months, or more, in anticipation of the economy actually beginning to 
show positive signs of growth.  Right now, we seem to be in an overall 
bear market with some large up tics along the way.  It seem to me that 
currently would be a good time to invest in the stock market, as some 
very good stock are way down for no real reason other than psychological 
fear.  Hopefully we will reach the bottom of the bear market in this 
last quarter of 2008, or early in the first quarter of 2009.  In the 
middle to late summer of 2009, the economy should be showing sign of 
recovering, including the housing mess.  There is a ton of money sitting 
on the side line right now, as everyone has been running for cover, but 
these fund should begin finding their way back into equities soon enough.

No one know exactly when the market will bottom, but if you wait until 
that is know from hindsight, you may miss out on some of the rebound.  
Once the stock market begins its rebound, I expect a bull market growth 
pattern over a longer term period than the crash, back up to the 14,000 
and beyond.

Regards,

LelandJ
 

>
>
[excessive quoting removed by server]

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