CHESSNOID

The polls have Obama beating McCain by a substantial margin.  The economy and stock market are definitely hurting McCain and helping Obama.  We are only 3 weeks away from getting a new President. I will be happy because we are getting rid of Bush.  Will the new elected make a difference to the economy?  Sadly, [...]

It looks like all 3 indexes fell almost 8-9% in one day.  All the gains were erased from Monday’s dramatic up day.  We are in a recession getting deeper and more severe.  I bet Bush will be very relieved when he leaves office because he has basically messed everything up.  All these bad plans the [...]

It’s not even 11am and the DOW is down 500 points. We have already passed the 9,000 mark.  We still have 2 more hours so there is a chance of it recovering if the bargain hunters come in.  I get a bad feeling though we may be headed for a record down day.  The options [...]

We were above the 9,000 mark for a couple of days, but look like were back on our way to 8,000. The main reasons are attributed back to our economy:
In late morning trading, the Dow Jones industrial average fell 346.55, or 3.72 percent, to 8,964.44 after being down as many as 375 points in [...]