Economy is in a freefall......
Markets are near LOWS.....
Barak Obama is taking office on Tuesday......
Will Obama being President have an impact for Economy ???
Will Obama being President improve investor confidence???
Will Obama being President improve consumer confidence????
Starting Tuesday.......
All of the above should improve......as US is looking for a CHANGE.......
Having a new face in White House is a great Psychological start.....
President Obama is READY to implement many NEW programs on day ONE.....which is 20Th January.......
Inauguration will improve confidence for investors,traders,consumers & citizens @ large...@ least gloom & doom will take a back seat.....
Focus will shift on solving serious issues in economy.......
Market has a very good chance of giving a well deserved honeymoon to new President......
President Barak Obama will bring HOPE & CHANGE in psychology.....
Era of FRUSTRATION,DESPERATION & HOPELESSNESS will give way to RESOLUTION of most issues.
As markets have been discounting how bad the economy is getting...
NOW markets can start looking AHEAD to better Day's,Month's & Year's.......
BLOG does NOT give buy or sell.
Saleem
8 comments:
Hi Saleem,
Hopefully a new broom will sweep clean.
The media is seeking out all bad news it can find on the economy. Let's see if they change their tune once the new administration is in place. When the word comes down from the top, the stories change.
Bias in the media is so evident. Yet, the masses are swayed one way or the other. Just a year ago, illegal immigration from Mexico was the crisis.
Best Regards
Hi Standards,
Confidence about future is in short supply..everybody is fearing the-worst case scenario.
Once actions are implemented..confidence will be bolstered.....like immediate hiring of several hundreds thousand in infrastructure & AE areas by Obama administration.
Media wants to capture audience..FEAR is a great ingredient to do that.
Saleem
Hi Saleem,
I hope you bought some stem cell stocks...GERN, ACTC and STEM....Got this feeling....something BIG is about to happen...with Obama in there...IMHO
Zak
Hi Zak,
I have not done any homework on Stem Cells yet....
So far my Obama play is TAN....
Thanks for your reminder.
Saleem
Hi Saleem,
The market still holding steady above the lows. Plenty of bad news to go around today. SPY still above the 81 last low of 2002. Hang in there.
Best Regards
SALEEM
Hello to all
JUst back from So America real hot there!
The market is sure cold!! I sure hope and pray that all this rhetoric (talk) will beget a strong market.
The markets in China are still week and the Dry shippers are not holding up to well--I thought that they would be stronger
inauguration is over now back to business.
good luck to all
Hi Standards,
Market is weak which is surprising for my comfort.
Made trades..will wait for market signal.
Saleem
Hi Madmax,
Welcome back from South America.
Shippers are weak AGAIN...so I am out .
Sold everything except TAN !!!!
Saleem
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