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| | |-+  2000 U.S. Presidential Election Results (Moderator: Delicious Steak Pentagram)
| | | |-+  Nasdaq Effects in 2000
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Author Topic: Nasdaq Effects in 2000  (Read 1074 times)
phk
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« on: October 03, 2011, 03:42:46 am »
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The Nasdaq peaked on March 10th, 2000 (for good) at 5048.16 and closed at 3,415.79 on Election Day representing a ~32% decline in a period of 8 months. Did this have any effect?
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AverroŽs
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« Reply #1 on: October 03, 2011, 11:54:32 am »
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It might have cost Gore the election. It could have been a factor that just decided not to show up in the exit polling. But, was still in the voter's minds.

At such a miniscule margin, a thousand minor factors are responsible for Gore's loss, ranging from the weather to traffic to what was on TV on election day to the price of milk.

On the Atlas Forums, it's likely that this is an inane statement. So I'll respond to the original poster's question: Yes, it had an effect on the margin, and it's likely that it hurt Gore more than Bush. And if it did, it almost certainly affected the outcome of the election.
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AverroŽs
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« Reply #2 on: October 03, 2011, 12:12:17 pm »
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It might have cost Gore the election. It could have been a factor that just decided not to show up in the exit polling. But, was still in the voter's minds.


On the Atlas Forums, it's likely that this is an inane statement. So I'll respond to the original poster's question: Yes, it had an effect on the margin, and it's likely that it hurt Gore more than Bush. And if it did, it almost certainly affected the outcome of the election.

Which is basically what I said, except written differently.


Almost. I put greater emphasis on the fact that altering virtually any of the conditions on election day in 2000 could have changed the outcome. To be clear, I was referring to my first sentence as inane, not anything that you'd said.
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