Friday, December 04, 2009

Obama Speaks, Market Falls!

The best thing that could happen for the stock market is for President Obama to never give another speech!

Every speech causes negative reaction on the stock market. Since Wednesday 10/2/09, my portfolio has fallen 10% on his "Job's Speech". Thanks Mr Obama!

Jobs data released today appears in error and subject to retraction. I think it should have been 140,000, not 14,000.

President Obama, pick and issue and complete it, move on to the next one........don't do a half-ass job on multiple issues at once!