Will there be a rally after the US elections?

[Glen48]

Will there be a rally after the US elections and will Mc Cain or Obama give a bigger rise than the other?
Will the rate I R deduction in OZ give a bigger rally ?
If so how long will it last?

 

[agro]

Will there be a rally after the US elections and will Mc Cain or Obama give a bigger rise than the other?
Will the rate I R deduction in OZ give a bigger rally ?
If so how long will it last?

hopefully Obama gets in - guaranteed certainity to go up

it was Bush campaign (as conservative as i am) that got the us economy in to the mess they r in..

rate cuts tuesday too in aus


bring on the rally

 

[tech/a]

I doubt much will change.
This is going to be long and protracted.

This is what George Soros thinks.

Soros, 78, said the International Monetary Fund needs to move to protect emerging markets or else today's global financial system will not last.

"The IMF has a new mission. It has to protect the periphery against the storm at the center," Soros said, referring to the U.S. and developed Western economies that are at the center of the global credit crunch.

"Unless actually the United States now leads an international effort to stabilize the system which includes the peripheral countries, I think the system will not continue."

A staunch Democratic Party supporter, Soros said he did not expect such a move out of the current White House.

"I don't expect this president to do it but I expect the next president to do it because otherwise the system will not continue, there will be a different system that will emerge and the United States will not have the influence that it has today," Soros said.

Soros, chairman of Soros Fund Management, supported U.S. presidential hopeful Barack Obama during the Democratic primaries, and his views on public policy are more like those of the Illinois senator than his rival for the Oval Office, Republican Sen. John McCain of Arizona.

 

[jet328]

I think Obama is already priced in

Does anyone think McCain has a chance?

 

[namrog]

If Obama gets up, I expect a brief rally, maybe a week,or two until reality returns and people realise that the same problems exist.
This possibility seems to align with what most E wavers are seeing, I believe.

If by some unbelieveable chance Mc Cain wins, then I will sell most investments, and head for the hills.

 

[MrBurns]

If Obama gets up, I expect a brief rally, maybe a week,or two until reality returns and people realise that the same problems exist.
This possibility seems to align with what most E wavers are seeing, I believe.

If by some unbelieveable chance Mc Cain wins, then I will sell most investments, and head for the hills.

Obama is a bit like Rudd, everyone likes him now but once he gets in they'll realise it's still all talk and no action and when there is action it's all wrong, so he'll have a honeymoon period then the US public will realise that BS doesn't solve problems same as we realise that here in Australia right now.

Rudd is about to spend the surplus on more BS , he can hardly wait to get his grubby hands on it, it's hard to imagine what a mess the Libs will be left with to fix this time around.

 

[Glen48]

So buy up ASAP hold for awhile then sell....Then buy Real Estate and do the lot?
What would Howard etc done differently when all this turmoil is beyond any combined Government action?.

 

[MrBurns]

So buy up ASAP hold for awhile then sell....Then buy Real Estate and do the lot?
What would Howard etc done differently when all this turmoil is beyond any combined Government action?.

Libs have a class that seems to get things done at this level.

I would just sit tight try to get the drift of a raging torrent which this is at present.

Sit tight obeserve and that way you will get an idea of when to move.

 

[sammy84]

I agree with Jet, I think an Obama victory is pretty much priced in already. Obama is only offering $1.12 to win on sportsbet, I think that says it all.

 

[OzWaveGuy]

There will be a huge rally - in post election bailouts. No matter who wins

 

[Nyden]

Buy on the rumour, sell on the fact? Why would there be a rally, in honesty - I'm befuddled as to why we're rallying right now. A little bit of numbness & euphoria I think has swept through peoples minds (myself included - but I have decided not to act ... as it would be an emotional investment); and this surely cannot last.

I sincerely doubt the changing of presidency is going to suddenly grant people their jobs back, pay off their mortgages, and suddenly reverse the effects of a recession.

Sorry for the sobering words I'm sure many people just want to here how we're going to soar all the way back to 6000 in a week. My off the top of my head prediction for tomorrow? Terrible plunge :

 

[gfresh]

US Futures are flat at the moment...

 

[frenzel]

http://www.reuters.com/article/businessNews/idUSTRE4A222P20081105

NEW YORK (Reuters) - Stock index futures were little changed on Tuesday after the U.S. media projected that Democrat Barack Obama had secured enough votes to become the next U.S. president.

S&P 500 futures rose 0.60 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures were unchanged, and Nasdaq 100 futures were up 7.25 points.

Guess not too much of a rally, although looks like it will be a solid day.

 

[Glen48]

That all Folks from now on just bobbing around but a downward trend.
RBA will keep dropping rtaes but to no avail.

 

[CAB SAV]

Buy on the rumour, sell on the fact? Why would there be a rally, in honesty - I'm befuddled as to why we're rallying right now. A little bit of numbness & euphoria I think has swept through peoples minds (myself included - but I have decided not to act ... as it would be an emotional investment); and this surely cannot last.

I sincerely doubt the changing of presidency is going to suddenly grant people their jobs back, pay off their mortgages, and suddenly reverse the effects of a recession.

Sorry for the sobering words I'm sure many people just want to here how we're going to soar all the way back to 6000 in a week. My off the top of my head prediction for tomorrow? Terrible plunge :

Just like the yanks, give us a rate cut and all our problems are solved. Should be some sobering data within the next 4 weeks to remind us we are in a bear market.

 

[sammy84]

I believe the Americans being the patriotic bunch they are will rally tonight. With all the jubilation surrounding Obama there should be a lot of investors going long tonight.

 

[roland]

The good thing about elections is that the majority come out as winners. One would then suspect that the majority are happy vegemites - so one would expect a reasonably good night on the US markets.

Hope it's enough for me to sell off some more stuff.

 

[tech/a]

Well its certainly not reflected in the Futures!!!

 

[Nyden]

I believe the Americans being the patriotic bunch they are will rally tonight. With all the jubilation surrounding Obama there should be a lot of investors going long tonight.

Surely anyone with half a brain knew Obama would win though - especially in the last few days. Doesn't this reinforce the fact that it's already priced in - hence the rallies we've already had? I also count the flat day as a rally; as 400+ losses have become something of the norm for the DOW

 

[kgee]

I agree with Jet, I think an Obama victory is pretty much priced in already. Obama is only offering $1.12 to win on sportsbet, I think that says it all.

So does that mean since sportingbet is paying 12% that only 88% has been factored into the market? Meaning the remainder 12% will be factored in tommorrow/tonight ???