Yes once again no link to the quote. Hummm I wonder why????? Not really, because if you did people would see the post that I was answering to (big Ben) and that the market had just taken a huge hit. The point was that while it will go down. I believe it will come back but not to what it was and what you will get is a consistant DOWN and then up swings with the up never coming back to what it was before. Common sense would tell most here that I clearly was not saying that Nov. or Dec would be the BEGINNING of the down turn (because Big Ben thought it was already happening) BUT that is when it would REALLY be "CARNAGE". Anyone with common sense or that has followed what I have said knows there is a difference between when the market will start its down turn and the collapse (or "carnage") of it. You will and have seen the start of the collapse and the fact is when the "CARNAGE" starts you will not just see the market just slide down you will see it drop off a cliff. I also explanned that in that very same thread. So why dont you link to it so it is clear to people instead of lying about it. Once again this is why I call you dishonest and a 12 year old because if you had an onuce of honesty in your body you would at least link to it, You play these games all the time and have been caught in them every time. As for you being a 12 year old that is clear because only a 12 year old could not understand what I have said.
For the rest if Havasucker would have had linked to the thread OR if you dont remember I also clearly told people that there would be things that could happen that would stop the carnage in the markets. For instance following polocies/steps that would take out the reason for the carnage in the first place (extending the Bush tax cuts).
For the 12 year olds that means:
First of all, the republicans taking over a majority of congress (because most democrats will not vote to extend the Bush tax cuts).
Second, actually putting in the polocies to extend the Bush tax cuts.
Third, getting that moron not to veto it.
As each one happens they will supply support to the market but the money knows they still would have to count on the next thing to happen for the tax cuts to stay in place.
Now for the intelligent people we know for a fact that if the polls showed the democrats had a much better chance at keeping the House and Senate, then the market would actually be way lower at this point. We also know why, because it would mean that even the first step could not happen. Which would end ALL hope of extending the Bush tax cuts. At that point (as was discussed in that very same thread havasucker took my qoute from) the market would start what was explained as everyone trying to get out of a smaller and smaller door or everyone trying to beat the next guy out.
As for getting political, in this case one directly effects the other. Extending those Bush tax cuts, which will not happen if republicans dont take over congress is not getting political it is common sense and a fact of life and cannot be seperated. Then again, another thing I would not expect a 12 year old to understand.