Stock Market Predictions...

Yes it appears it will be a real mess the Dems inherit won't it?

Wonder where the mkt will be in January?

The past two days are a DIRECT result of Tuesdays election. Seems kind of hard to blame that one on Bush but I'm sure you'll find a way Sherman.

Well, it looks like the auto industry is going to get their bailout, which pushed the DJIA back above 8000.

The Dow Jones industrial average, which had been down as much as 223 points early in the session, rose 66.90, or 0.84 percent, to 8,064.18. The blue chips fell 423 points Wednesday.

source

So that means the losses since the election is right at 1500 points, or about a 17% loss since the election.

But that’s not so bad. When democrats took back Congress in January last year, the DJIA was a little over 12,500. It grew through the summer until it reached a high of 14,164. So that means that in the past 14 months of democratic control in Congress, the DJIS has lost about 6,100 points, or about 44% of it's value.

http://chart.bigcharts.com/chart.asp?size=1&type=256&style=1275&symb=djiA&time=8&freq=1

That "Big Chart" is misleading. 8000 is 2/3rds of 12,000, not 1/3 of it.

The market closed at 7552.29.

I'd say it's reacting to democrats as expected.