VOLITILITY…A LOSS OF OVER 6% OVERNIGHT!
President Bush and the current administration are unable to inject confidence in the markets due to a fear of a world wide recession. We have seen trillions of dollars now in stocks and bonds plunge over the last 2 months due reckless republican policies that allowed some of this nations strongest banks to engage in shoddy financial dealings related to the mortgage meltdown and home values over the last eight years.
Now Sen John McCain and Gov. Palin are campaiging to continue to use Bush\’s economic models and policies. If people don\’t wake up and see that we cannot continue the present course with another republican administration.
HANG ON ITS GOING TO BE A BUMPY RIDE TODAY….DOW MAY TRY TO RELEASE THE BULLS BUT COULD BE TO WEARY AND BLOODED STAMPEDE BY THE OVERNIGHT SELLOFF…
A pedestrian is reflected on a digital stock indicator as he glances at this week\’s closing stock index that nose-dived 9.6 percent on a rising yen and growing recession fears in Tokyo Friday, Oct. 24, 2008. The benchmark Nikkei 225 stock average plummeted 811.90 points to close at 7,649.08 on Friday, bucking modest gains on Wall Street Thursday. The Japanese index closed below the 8,000-level for the first time since May 2003.(AP Photo/Katsumi Kasahara)