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Stock market questions re: Mid Sept 2001

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RB TexLa Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-09-06 12:15 PM
Original message
Poll question: Stock market questions re: Mid Sept 2001
After the market reopened in Sept 2001 you:
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skipos Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-09-06 12:27 PM
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1. Regardless of 9-11, Democratic Presidents yeild better stockmarkets
DUers should invest accordingly.

DOW SINCE 1901
Republican years Avg. annual change 6.9%
Democratic years Avg. annual change 13.3%
Source: Stock Trader's Almanac 2005

http://www.usatoday.com/money/perfi/columnist/krantz/2005-12-02-presidents_x.htm

This is probably due to the fact that Democratic presidents yeild better economies in general. Forbes has some ratings of ecomonic properity that verify this.

"Not surprisingly, Bill Clinton tops the magazine's prosperity chart. He is followed by two other Democrats – Johnson and Kennedy. The first Republican to show up is Reagan, who comes in fourth. No Democrat finishes lower than seventh (Truman), and the last three spots are all occupied by Republicans (Nixon, Eisenhower and George H.W. Bush). On a scale of one to eleven (one being Bill Clinton, eleven being the elder Bush), Democrats have an average ranking of 3.8, Republicans of 7.8."

http://www.americanprogressaction.org/site/pp.asp?c=klLWJcP7H&b=131769
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zoeb Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-09-06 12:31 PM
Response to Reply #1
3. May and June this year have been hell
but then there was saying...sell in May and go away...not sure but the market usually bad through September...more down days than up days.
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BillZBubb Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-09-06 12:30 PM
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2. Dopey me! I wanted to do the patriotic thing--I bought.
Not too much, but I did buy.
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nealmhughes Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-09-06 01:47 PM
Response to Original message
4. I haven't made any stock purchases lately, been too busy trying to
pay for rent and medicine and pay off $65K for all that fancy book learnin'.
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