DOWNWARD!

I heard on the radio today that company bosses are holding off on hiring until they get some clarity from DC. Good luck with that.

Obama will do anything to get his tax increases.

Down 700 points in one week. It´s starting to look eerily similar to a slow motion train wreck. The market´s overpriced and the profit outlook is grim.

Watch them slide further.

When there´s "blood in the streets", I mean literally blood in the streets, than that will be a good time to buy!

Unless, of course, it´s YOUR blood in the streets.

We ain´t seen nothing yet!!

In a year or so we will learn that members of Congress made an average of 35% on their investments in 2012.

Another miracle. Like the previous miracles.

It´s interesting in a grim way to watch the stock market tank as O speaks.

wait a minute..
wasn´t it the AP that said, yesterday, it was because of the "greek debt"??

It tanks because there is a dog t%rd running the country.

Greek debt! Look everyone, Greek debt! Don´t forget Greek debt!
Or was that just yesterday´s story.

Before the election the feds pumped up the market...now what???????

And awaaaay we go!

Think 2008 was bad?

They´ve been artificially high to ensure zippy´s reelection. Wait till January/february when the new taxes hit and government spending races higher.

At least we have mcConnel, Boehner and McCain to help protect us.

Mean while; Metals stay steady and rise. Glad I sold out of the market and bought some.

If you read the news, once again it´s all about the Europe and Greece crisis, ain´t that a hoot.

I´m hoping the Banksters hadn´t yet placed their bets that the economy would tank. It would appear the world has zero confidence in Obama and this Congress.

This was predictable. The second Obama administration will be bad, very bad for business. No one will put money at risk unless they have insider information. Big business likes big government because of lobbying, cronyism, bribery, regulatory capture and all of the other advantages accruing from a mammoth bureaucracy that is fundamentally dim-witted(otherwise they would be lobbyists or working in private business) and -shall we say- easily influenced in various ways. Not so big business suffers and in some cases goes out of business, which is not bad for really big business. The bigger the business and the banks, the better they get along with -collude and conspire also work here- with big government.

It is all based upon an erroneous understanding of the way things work, so the happy days cannot last for long. But by far the biggest challenge facing Obama in his second term will be the war(s) his naive foreign policy has made inevitable. Like grandiose Democrat social reformers before him, he will soon have his hands full with international problems, including a serious escalation of violence and quite possibly a full scale war. He has given green light after green light to aggressors, who now believe they have nothing to fear and nothing to lose by ramping up their attacks. This, of course, is a mistake. But it is going to cost a lot of lives before it is done.

The huge post-election stock market drop is particularly worrisome since it´s been occurring despite the fact that 26 of the 30 Dow stocks pay a higher dividend than the 1.58% return on 10-year U.S. Treasury bonds.

In fact, fourteen of the Dow stocks pay at least DOUBLE the rate of U.S. Treasuries. Even AT&T´s stock, paying a 5.33% dividend, is being dumped as if it´s become radioactive. And AT&T and the other falling Dow components did not just elect socialist CEOs and are not getting ready to go over cliffs. Something is seriously wrong.

We need to demand a recount and sieze all Vote countings machines as they were rigged.
If we let this stand we won´t have a Country in four years Look how he is threating Mc cain and other Senators as they announce that they intend to block Susan Rice´s appointment.

Must be concerns about Greek debt again that drove the market down. Has to be. Can´t be the crushing American debt. Nor worries about obamacare or projected increase in capital gains and other taxes. Ya, Greek debt sounds like a good narrative for zippy. Let´s go with that.

Just wait for the DOW drop to be blamed on Bush...just wait.

It´s Greek to me.