Wednesday, January 20, 2010

That's not what they said would happen

Where's the big Scott Brown stock rally?

This is what was being said yesterday;
"This morning, Fox Nation and Fox Business are running with headlines about how a “Brown win could cause huge stock rally.”
A 'stock rally'? And what happened to the stock market today? It plummeted 122 points.

There is one thing that can be said about the traders on Wall Street; they are very much aware of which political party drove this country into the ditch.

And in case you care to know, a year ago today when Barack Obama took office the DJIA was at 7,949 and today it closed at 10,603. That's a gain of 33.4%, in despite of Scott Brown.