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What did Obama do today to cause the stock market to climb 380 points?

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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 05:48 PM
Original message
What did Obama do today to cause the stock market to climb 380 points?
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Captain Hilts Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 05:53 PM
Response to Original message
1. I think it has something to do with what MOBama was wearing. Sleeveless...or not! nt
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Cha Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 06:42 PM
Response to Reply #1
8. MObama!
definetly!
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Captain Hilts Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 09:59 PM
Response to Reply #8
12. MO 'n' BO. nt
Edited on Tue Mar-10-09 10:24 PM by Captain Hilts
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Andy823 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 05:53 PM
Response to Original message
2. Yes I agree.
It went up so lets give the president the credit due since he "always" gets the blame when it goes down. Maybe we should also add that the markets are tired of the NO, NO, NO, attitude of the republican party so that could be another reason it went up! Works for me!:evilgrin:
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firedupdem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 05:55 PM
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3. I also credit jon stewart for pissing on cnbc. n/t
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rufus dog Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 09:12 PM
Response to Reply #3
10. You may be on to something
his FUCK YOU to Wall Street might have burst the bubble they are living in. Nobody gives a fucking shit about those crooks unless they are on TV complaining about bonuses and how the President is going to steal from them. They may have realized that acting like petulant spoiled children won't cut it because they aren't our kids and we would be more likely to knock the fucking shit out of them than try to reason with them.
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proud patriot Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 09:13 PM
Response to Reply #3
11. I agree
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Tyler Generation Donating Member (344 posts) Send PM | Profile | Ignore Tue Mar-10-09 05:56 PM
Response to Original message
4. Maybe the traders just realized they have to
live with this guy for 8 years, and might as well get used to it? I'm about as layman as you can get on the subject.:shrug:
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Jennicut Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 05:59 PM
Response to Original message
5. Obama winked and the stock market took it as confidence
Its so absurd.
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Dollface Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 06:17 PM
Response to Original message
6. My guess is that there are normal investment advisors who really hate Cramer and his ilk
because they are such god-awful representatives of their trade (kind of like Bill Frist is to the medical community) and they woke up in a really good mood after seeing them get there ass handed to them by TDS. Regular investment advisors (I am not one BTW) waste a lot of time explaining to people why they are not following Cramer et al. If you know one just say Susie Ormann to him and watch him go.
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K Gardner Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 06:27 PM
Response to Original message
7. I heard he sneezed. Whatever happened, we know it was all his doing. They keep telling us the DOW
dropped X points since he took office and it IS tied to him. I guess when/if it climbs back up to 9 or 10K, they'll change their tune.

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Rosa Luxemburg Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 09:04 PM
Response to Original message
9. because he went to Camp David at the weekend?
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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 10:19 PM
Response to Original message
13. Nothing. It's just another bogus "bear market" rally that will collapse
according to Roubini and other credible economists.
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