Early Post Election Investment Guidance
 

Here's some early and interesting post-election commentary regarding some short and mid-term investment bets.

http://www.marketwatch.com/story/whe...6?pagenumber=1

http://www.marketwatch.com/story/wha...W_story_insert

I have already reduced my 401k contribution......temporarily. There is always a slight dip after a Democrat is elected. It upsets the Wall Street crowd, initially, but it doesn't take long before their greed overcomes them.

Here's a couple interesting facts I heard on the radio today;

Only once, has anyone defeated an incumbent Democrat for the Whitehouse....Reagan in 1980. There have been single term Democratic Presidents, but, they had all declined nomination (....a la LBJ.)

The largest DOW gain after an election took place in 1984-----7.2% single day.

Just thought I'd throw our GOP friends a nostalgic ray of sunshine today.

Dave

Bank on the Canadian dollar going up. Or is it the US dollar going down?

The Ohio media folks will have plenty of money to invest. I think the win was solid enough that it will not generate as much work for lawyers as some might have thought.

Regards,

D-Ray

Some county election official will no doubt find about 100,000 misplaced votes on her PC.;)

John

It rose yesterday and as long as the Bank of Canada does not interfere will likely rise more today.:)

That's good for you, but it sucks for our exports. :)

Colorado did that...:D

Which is why I expect the Bank to intervene. Erik when I first came down it was running at $0.83 so parity is fine, I am not greedy. It was Paul Martin and all the parties agreeing to get the house in order and eliminate the deficit that changed it IMHO.

Worst day of the year for the DOW. Again, congrats you guys.