Wonder why investors are losing faith in Bush**?

[benburch]

Zero Growth.

[Roland99]

1. The solution is obvious: More tax cuts for the rich! Duh!

[SammyWinstonJack]

2. Buyers' remorse?

:rofl: :rofl:

[smirkymonkey]

3. And even that is being artificiallly propped up.

Isn't it that time of year again?

[TheFarseer]

4. it's hit and miss in the stock market

unless you have insider information like Bill Frist or you can target one company to give lots of no-bid contracts to like Dick Cheney.

[Zynx]

5. I've done pretty well and I was only a part-time retail worker.

It takes a ridiculous amount of research and patience though.

[TheFarseer]

8. I'm glad you're doing well

I used to play the market a bit. I didn't do so well but I learned alot and part of me thinks I could do well knowing what I know now and having a few clues as to how politics affects the markets. The other part of me is too chicken. Let's just say I learned the importance of research over listening to people on CNBC!

[Zynx]

16. Indeed. The analcysts* on CNBC are worthless.

They don't know what they are talking about half the time because they don't feel accountable for their actions.

*My term for analysts

[Zynx]

6. There is something about him that has killed financial markets.

This has been one of the worst periods to invest in history and the only thing that has worked, real estate, has only done so because of an unwarranted bubble and there are signs that may begin to be entering its final stages.

[LoZoccolo]

7. A sideways market is the worst kind to me.

At least when there's a definate downtrend, you pretty much know to stay out or go short. This up-and-down action keeps luring you back in and shaking you out. I've had a pretty bad year...not devastating, but frustrating. Lots of stocks breaking out and then reversing down to my stop-loss point one after the other.

I've found it's not so much waning faith in Bush* as much as actual bad news knocking things back down even after they look good, especially bad news about oil prices and inflation fears.

[benburch]

11. What do you make of the volume trend?

I notice that volume keeps trending up with little real permanent movement.

[LoZoccolo]

13. One can never be sure sure...

...but when there's sideways churning like that it could mean that institutional investors are dumping shares more and more.

[Inland]

15. Dollar cost averaging makes money in an up and down market.

I forget which year it was in the eighties where the S&P went up one percent, but I had a six percent gain in my index fund. The wild swings back and forth during the year made my consistent purchases every two weeks through my 401k the best investment strategy.

[no_hypocrisy]

9. Several elements that make the perfect storm:

1. Incredible national deficit to affect the economy for decades
2. Rising interest rates
3. Inflation on the horizon (big time)
4. Schism between socioeconomic classes/castes which may lead to shouts of "Storm the Bastille/the McMansions!" in the future.
5. Flat stock market coupled with rising price of gold
6. Real estate bubble deflating
7. Rising price of oil good for *, Cheney, and oilmen (US and SA), bad for U.S. business, esp. airlines and trucking
8. Our debt is paid for by China, Japan, Saudi Arabia, S. Korea, etc.
9. Oil paid for in petrodollars is not indefinite

[Boomer]

10. The trickle-down pump is running dry

It's a strong, consumer-buying middle class that keeps the economy humming -- but Bush is bleeding it dry to stuff the pockets of his rich friends.

[AlCzervik]

12. The bond traders are about to jump out of the window

i was watching some of cnbc today and they went to the floor, everyone was screaming louder then usual and the reporter said the bond guys were losing it.

[swag]

14. Unfortunately, professional investment advisers who manage

so much institutional money are still giving their choice for office high marks:

http://www.investmentnews.com/article.cms?articleId=53550
(sub. req.)

Be glad you don't have a subscription. The interviewees, who receive their opinions from the mind-bendingly infantile editorial page of the Wall Street Journal (like the Financial Times, but for children!) are all still big Bush boosters, more impervious to facts than when they voted for him the first time.

I'm not sure whether these folks are suffering from Confirmatory Bias, Overconfidence, Self-Attribution Bias, just plain ignorance, the love of the tax cuts that benefited only them, or a combination of all the above.