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NoFate
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Guys - If everything is priced into the market and the market has a 6-9 month forward view, then why did it get cut in half in a week? The market is an emotional crack whore, not a crystal ball. It's favorite drug (credit and high leverage) got cut off a week ago and what we are seeing is DTs.
Oct 11 15:48 pm
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All Comments by NoFate »5 Reasons Stocks Will Keep Falling [View article]
Further, Obama's increased likelihood of election didn't cause the crash! That is the most ridiculous thing I ever heard! His numbers went up because nobody believes McCain can fix it ...your causation is backwards.
In addition, I also disagree with the author on oil and the US$ for the same reasons as the first post.
Finally, it just stuns me how much disinformation is out there ...and what you all buy into sometimes! I am a Libertarian and am sick of being lied to by both parties and their media outlets.