Thursday, October 19, 2006

Earnigs Redux

The futures are now lower, as they should be. I feel that many of the earnings numbers that came out are not good. I am basically living on a prayer that somehow wall street keeps feeling good. I don't understand the real driver or this market over the last few weeks.

The election, and I feel democrats are going to win, could become a short term negative. Yet I feel that havings dems in control of congress with a rep president won't be a bad thing. Having dems in control of congress with a dem president, that may be a bad thing.

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