Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Soultrader

US Election: Obama Vs McCain

Who will win the US election?  

18 members have voted

  1. 1. Who will win the US election?

    • Obama will win
      15
    • McCain will win
      3


Recommended Posts

Parker and Stone had to have created two versions. I hope they make the other one available someday.

Yeah, I hear they have episodes on some schedule, but then within a week, can produce new ones based on current events. They could have just bet on Obama winning (and had a backup in case he didn't), or truly created two shows for both results.

 

edit: Then again, they poke fun at his grandmother dying, which was Monday. Damn they're fast.

Share this post


Link to post
Share on other sites
While he's entitled to his opinion, I don't know that I'd call it "very understanding". The Republican experiment of the last forty years hasn't exactly been a screaming success. If Obama's approach is a recipe for failure, then I guess the Founding Fathers got it all wrong to begin with.

 

By recipe for failure, I'm talking about the phenomena based on pandering to hope. The world is very complex and few things move in a straight line, except disappointment. This doesn't mean Obama will fail, I don't think he will. But many people who were wrapped up in the idea of change and hope, could be disappointed in the years to come. Obama did well to sell security and hope to his base (the youth) and that's what won him the election. Bush did the same thing, he energized his base and won both elections. A huge majority of people vote based on emotion, and Obama's way of speaking, and his campaign for change did a great job to spark emotion in his favor. If McCain ran a more disciplined campaign, and had a vision, I firmly believe he would have won. McCain dropped the ball when it came to the economy, so bad that it hid the mistakes Obama made. Obama's organization on the ground was also much better, he even beat the Clintons at their own game. So in a sense, Obama is a political genius.

 

I do think Obama will be a good president. I think his diplomatic approach on foreign affairs will boost our image and get more accomplished with the aide of the EU and UN. I think this will be a true test for Democratic demand-side (or Keynesian) economics. But most importantly, in times such as these, I think Obama will be able to inspire the people. So while many problems will remain unsolved (not because of him, just the nature of the problems) his ability to inspire will allow for many people to love and hate him. I also think he will listen thoroughly to his advisors, and those against him, before making decisions. His nature to stay calm during a crisis (even the WSJ made this claim) will benefit his ability to make sound decisions. So while he may raise Brownsfan taxes, I think the country as a whole will benefit. And hopefully in the next 4-8 years the Republican party will re-establish itself, with a better vision, and hopefully learn from their mistakes.

 

Maybe Karl Rove was right, a war and economic downturn would force most of the partisanship in Washington to end.

Share this post


Link to post
Share on other sites

Even if one were to agree that Obama "pandered to hope", surely that is preferable to pandering to fear, suspicion, hatred, and intolerance.

 

And if Republicans agree with you that "selling security and hope" to his base is what won him the election, it is unlikely that they will re-establish themselves in four years, or eight, or perhaps ever.

Share this post


Link to post
Share on other sites

[quote name=DbPhoenix;51774

And if Republicans agree with you that "selling security and hope" to his base is what won him the election' date=' it is unlikely that they will re-establish themselves in four years, or eight, or perhaps ever.[/quote]

 

Republicans don't agree with me on that; Plato wrote that in The Republic. I'm sure Machiavelli mentioned it too. It's a common way to gain (or preserve) power over others. You sell security in an insecure world, and people will follow you. Leaders have been doing that for hundreds of years, not just Republicans and Democrats.

Edited by james_gsx

Share this post


Link to post
Share on other sites
So far, the markets are not thrilled that Obama won.

 

;)

 

Who suggested that? Smart cookie.

 

 

Again, you're smarter than that Chris. Now, everyone knows if McCain won this same thing would have happened and you would have called it a technical move.

 

attachment.php?attachmentid=8538&stc=1&d=1226035478

 

attachment.php?attachmentid=8539&stc=1&d=1226035478

 

I'm starting to sense I'm just going to piss everyone off in this thread. So maybe I should stop posting.

spynov6.jpg.2b15d33da32962c74620d5a0a01933c3.jpg

spyvol.jpg.c568e7ddf0537b74f2ca3b3b16e76f6c.jpg

Share this post


Link to post
Share on other sites

It's not that the market is not thrilled about Obama, I think now that the focus on elections is over, now it's back to earnings and economy that takes the front seat again. That means, the crisis ain't over, not that the Obama or McCain will make the crisis go away overnight.

Share this post


Link to post
Share on other sites

I don't know if its been mentioned, but markets are statistically more inclined to move higher under democrat presidents than repub. That was first noted in 1950's (analysis of stock market trends was the book I think - a classic) and has been true ever since, or so I've read - haven't actually tested that one.

Markets do climb the "wall of worry".

Torero's right, this was a case of sell on the news. I doubt the markets would have rallied from an low volume overbought condition should McCain have won.

Share this post


Link to post
Share on other sites
Again, you're smarter than that Chris. Now, everyone knows if McCain won this same thing would have happened and you would have called it a technical move.

 

attachment.php?attachmentid=8538&stc=1&d=1226035478

 

attachment.php?attachmentid=8539&stc=1&d=1226035478

 

I'm starting to sense I'm just going to piss everyone off in this thread. So maybe I should stop posting.

 

I disagree gsx. I honestly believe that if McCain won, the markets rally; and they fail on an Obama win. That's what I thought and I'm sticking to it.

 

:)

Share this post


Link to post
Share on other sites

This is a little off topic but I hope Obama actually addresses the root of what caused this financial problem. I threw something together for my friends and family about what caused this crisis and attached it here. The first half of it is me explaining some things I'm sure you are all aware of, the 2nd part actually digs into the crisis.

Crisis1.pdf

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • USDCHF Bounces Off Lower Prices On Correction.   USDCHF bounces off lower prices on correction the past week. This has opened the door for more gain in the new week. Resistance resides at the 0.9800 level. Above here, resistance lies at the 0.9850 level and then the 0.9900 level. Further out, resistance comes in at the 0.9950 level. On the downside, support is seen at the 0.9750 level with a turn below here opening the door for more decline towards the 0.9700 level. And then the 0.9650 level. Further down, support resides at the 0.9600 level. All in all, USDCHF remains biased to the upside on further corrective strength.    
    • Can I ask what broker are you using for trading oil?
    • Hey, I am new to this. Anyone use software like this?? Is it legit?? 
    • Extend Trend Lines is a VTL Client-side indicator for elongating the trend lines on the chart to the last bar. Traders usually draw trend lines on the chart and use them as support resistance levels. When a trend line breakout happens, it is the beginning of a new trend. One issue with trend lines drawn manually on the chart is that they do not get elongated when new bars form on the chart. It should be manually adjusted with new bars.  Extend Trend Lines VTL Indicator takes care of this situation. It automatically adjusts all trend lines on the chart to the last bar. It monitors the trend lines on each new bar and adjust them.  This is useful when the trader opens the terminal on a new day and the old trend lines are short and need adjustments.   ExtendTrendLines.zip
    • Previous day high low is a Client Side VTL indicator that draws the last day’s high, low and today’s open on the chart. When day trading, the previous day’s high and low are important reference points or support resistance levels. In a bullish market price breaks above the previous day’s high early in the day and continue to trade above that level.  In bear markets, price break below the previous day’s low early in the day and continue to trade below that level.  Trading ranges form when price fails to break the previous day’s high or low successfully.  This info alone can improve your trading results as this give you a clear vision of what is likely to happen today. Breakout trading strategies work best when price is above or below yesterday’s range. Trend following strategies also work best in this situation.  When price is inside yesterday range, counter trend strategies work better. Oscillators like RSI and Stochastics work best in this situation.   Prev_Day_High_Low.zip
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.