Texas Rainmaker
Market Celebrates with Fireworks
November 5th, 2008 3:11 pm

For those of you who claimed the market was not negatively reacting to positive Obama poll numbers and those of you who said the market would stabilize with a clear winner on election night - even if it was the socialist candidate - I offer you this.

A case of post-election nerves sent stocks plunging Wednesday as investors, again anxious about a recession, began questioning what impact a Barack Obama presidency will have on business and the overall economy. The Dow Jones industrials dropped more than 400 points and the major indexes all fell more than 4 percent.

Was this part of the Hope or part of the Change?

Posted by TexasRainmaker |
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