Historical Fact.

11.06.08_closing_numbers.




















11.06.08





















11.05.08


http://www.newsday.com/services/newspaper/printedition/thursday/news/ny-bzstox065914217nov06,0,7790603.story

http://in.reuters.com/article/usMktRpt/idINN0531971420081105

http://www.bloomberg.com/apps/news?pid=20601087&sid=aj_ayFUP0riQ&refer=worldwide

http://www.chicagotribune.com/business/chi-thu-wall-1106-nov06,0,1978679.story

And now the take home point...the market is only as good as people say it is...aka if people have hope in the market, it is up...if people do not, it is down...So...it would seem people do not have hope in the market or the state of the World...yes, World. This is all very ironic give the past 48 hours. I understand problems were pre-existing...YET, the market is run on Today's HOPE, all of the gains posted in the pre-election weeks, have been washed away in the post election two days...an interesting on-going development to observe...
(editorial note: often times people say what they do not really believe in...perhaps people also vote for what they do not believe in...perhaps. (?))