I am a trader. Not difficult to see what happened to this market. Take a look at the chart of the S+P. In October, Obama overtook McCain in the polls. Look at the market since then. If you sold any bounce, you’d have made money.

This will continue. Obama and his advisors, and administration think they are above the law of economics. Keynes twisted economic theories, and they work for short term stimulus. However, Adam Smith postulated the true way back in 1774.

The invisible hand will swat the best laid plans by Pelosi, and the rest of them.
Central planning never works. It always fails.

Dow will trade 5400, probably 2700. I am not trying to be reactionary, or shocking for attention. In 2000, on Bloomberg Television, I said the NASDAQ would trade 1500 when it was around 5000. I saved the tape.

There is a good editorial in the Financial Times by Clive somebody. Obama will destroy wealth, and the American economy.