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Thread: Stock Market Indicator Says Obama's Going To Win The Election

  1. 11-06-2012, 06:43 PM #1
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    Default Stock Market Indicator Says Obama's Going To Win The Election

    According to a quirky old stock-market indicator, Barack Obama is going to win re-election tonight.

    Based on ancient market lore, almost every time the Dow Jones Industrial Average has closed higher on Election Day than it was on Labor Day, the incumbent has been re-elected, according to Art Cashin, UBS's director of floor operations at the New York Stock Exchange (here via Steve Russolillo at The Wall Street Journal's MarketBeat blog).
    http://www.huffingtonpost.com/2012/1...p_ref=business
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  2. 11-06-2012, 06:45 PM #2
    SunsetSue
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    The Redskins say Romney is the winner.
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  3. 11-06-2012, 06:52 PM #3
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    Quote Originally Posted by SunsetSue View Post
    The Redskins say Romney is the winner.
    I thought it was the red necks?
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