I should have posted this last weekend when I made my prediction that if one of the stimulus plans passed, the Dow would tumble. My prediction was that over the course of a few days, it would go down 500-700 points. It’s well on its way.
7933.88 -336.99 (-4.07%) Feb 10 1:42pm ET
Open: 8269.36
High: 8315.07
Low: 7903.61
Volume: 228,729,672
Avg Vol: 274,569,000
The three traitors, Republican Senators Susan Collins and Olympia Snowe of Maine and Arlen Specter of Pennsylvania were the only Republicans to vote for the package and IMHO just voted themselves out of office.
Tomorrow’s another day.
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I think the bottom dropped out due to the Financial Stability Plan unveiled today. Not enough bank handouts for Wall Street I guess…
Dan:
I haven’t liked Spector since he sat on the Warren Commission, but this shrub KEEPS getting elected.
He NEEDS to be “let go”…he’s been a politician WAY TOO LONG.
I’m from PA, and I NEVER voted for this tool.
If he ran as Sh*t Catcher, I wouldn’t vote for him.
And as usual, YOUR prediction is spot on.
Yeah, we can all “Blame Bush” (read his DEMOCRATICALLY-CONTROLLED SENATE)…
NOT!
Keep those facts & figures comin’, Dan.