ron_paulite

Don't Listen to Goldman on Commodity Prices

Sorry I'm a somewhat slow, but what you do mean by this:

“I am not yet convinced the US market is ready to soar, but the pivot point is looking more and more like it’s based on the election results. As I stated here yesterday, I think the real big money is staying on the sidelines until the managers see the results of the US election next Tuesday.”

Are you saying that the US market is not ready to soar because the election is not yet over? Once it is over, it will soar if the results are in line with market expectations? And what do you think the managers now sitting on the sidelines are expecting from the election? A convincing win by Obama means a bull run? Or an upset by McCain a bull run? A narrow win by Obama means the market will fall?

Please enlighten us, the less intellectually endowed. Thank you.