I've figured out why the market is tanking.

[Jackpine Radical]

Super Tuesday has reminded Wall Street that they're gonna have a Democratic President, and this has thrown them into a mortal panic over the prospect of another Democratic era of peace, prosperity, balanced budgets, and warnings about overheating markets.

[villager]

1. the fear of hedge fund managers that their pillaging days

may be somewhat "circumscribed" shortly?

[DadOf2LittleAngels]

12. Dont think the hedge fund managers are panicking..

They have just finished the first course... Itll take years to fix what Bush has done to the economy..

[zorahopkins]

2. Britney!

I think it is because there is no information recently about Britney!

Wall Street doesn't like not knowing about Britney.

[supernova]

3. Think you're half right

The market traditionally stagnates or tanks just before an election, just because wall st wants to see who wins. They go into a holding pattern like the rest of us.

[bryant69]

4. I guess I don't agree

It's not like Democratic Presidents in the past have been bad for business nor have Republicans been uniformly good.

Anyway that strays a little too close to the Republican Mantra "Democrats are bad for the economy" for comfort.

Bryant
Check it out --> http://politicalcomment.blogspot.com

[Jackpine Radical]

7. Did you actually read my post?

[bryant69]

8. Yes. Why do you ask? n/t

[Jackpine Radical]

9. Because I discussed Democratic eras as being characterized by peace, prosperity &

accelerated economies.

[bryant69]

16. I guess then, unless you were being entirely sarcastic, you would have to explain why

Wall Street is opposed to peace, prosperity and accelerated economies - particularly the last two.

Bryant

[pscot]

5. There was a really bad

service sector jobs number for January. Last week's rally felt like a bear trap. I think this mild little recession we're not supposed to have is going to throw a lot of people out of work. Maybe even a few Chinese.

[kestrel91316]

6. My own personal "service sector", aka ----- ------ Veterinary Clinic,

had an outstanding January. Of course it barely made up for Dec 07 having been my worst month in years......

[natrat]

10. statistically market does better during dem administrations

[Jackpine Radical]

14. My OP in no way suggests otherwise.

Quite the contrary, in fact.

[malaise]

11. The Iran oil bourse

http://www.opednews.com/maxwrite/diarypage.php?did=5977
<snip>
Iran will open it's new oil bourse (oil stk mkt)in the next few days,according to Davoud Danesh-Jafari ,Iran's finance minister.
At a time when the American dollar is already soft,the selling of Iran's oil in Euros is expected to further devalue the American dollar.Some even go as far as to suggest that it will end the U.S. dollar hegemony.

The grand opening will be during the ceremonies that mark the victory of Iran over the U.S. puppet dictator who ruled over Iran in the 70's,prior to the Islamic revolution.Feb 1 - 11 2008
The location of the bourse will be the Island of Kish in the Persian Gulf.

[allthingsimportant]

13. must be it

since the 90's were such a horrible time for the markets....

[Jackpine Radical]

15. Thank you for picking up what I was saying. Or at least snidely implying.

[Deja Q]

17. .

:eyes: