Posted on 01/20/2009 1:58:50 PM PST by Smogger
“What negative surprise spooked the stock market today?”
1) the fallout from London and Dublin nationalizing banks had the markets open lower.
2) The market hadnt counted on how awful Obama was in his inaugural address and what a downer he was. Half the loss was after 12pm.
back up a bit on weds. so be it.
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