|
Written by Lassie
|
|
Saturday, 11 October 2008 11:01 |
|
Michelle Malkin has an open poll to get reader reactions on the markets. Comments ranged from BUY! to SELL! to DRINK!
Rush commented yesterday:
I think Wall Street's afraid of an Obama administration. A friend of mine who is in the know on these kinds of things said, “On election night, keep a sharp eye on the Asian markets. The Asian markets, 12 hours ahead of us. If it looks like McCain's going to win, you're going to see the biggest rally you have ever seen. If it looks like Obama's going to win, may not be much more damage, 'cause by then, how much more damage will there be able to be inflicted?”
On one local news report, some said they were too afraid to look up their numbers. I wasn't: one is in a money market holding steady, the other in a conservative fund that lowered about 10% (also dipped in '05 but bounced back quickly). Luckily, I'm a long way from retiring. I'm not even close to knowledgeable in these matters, and offer the comments section to you for your thoughts.
|
 |
