How's The Market Doing Today?

[Solomon]

Yesterday upset the haters. Trapping themselves again. Since they took such glee in blaming Obama for what the market does, it's the only argument that they have, it'll be interesting to see what happens if the market starts to creep back up.

[MercutioATC]

1. Despite a rally in Asia, it's down early.

I expect them to try to keep the rally going for a couple of days, though, before they make it clear that the Citi "profit" was just a leaked internal memo....it really means nothing.

[pampango]

2. It's up slightly (+26). Looks like it might tread water today.

Digesting yesterday's big gain?

[Solomon]

3. I really like the way that Obama kept his cool during the fall.

Didn't panic while the talking heads were going nuts about it. It may yet go down some more, but still, I love the way that he kept his cool about it and it would just kill them for things to start turning around faster than they are predicting. They have invested so much in the idea that the market is now the measure of failure or success.

In a way I am glad that they are wrongfully blaming the market on him because when it starts to creep back up they will have no arguments left.

[LiberalFighter]

4. If they hang Cramer it might go up a lot!!

[Solomon]

5. Yeah. They keep saying that Obama is spreading doom and gloom

but it's really them getting hysterical.