President Barack Obama Message Board

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Politics : President Barack Obama

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To: michael97123 who wrote (43283)	11/5/2008 5:08:43 PM
From: tejek	Read Replies (2) of 149317

Its not a reaction to Obama....first the markets are overbought due to last week's rally. Secondly, the employment report is on Friday.......and its not going to be a good one.....there's talk we lost close to 200k jobs last month and the ISM service report came in this AM at 44 when 46 was expected. Last month, it was at 50. What you saw today is profit taking...pure and simple. I put my shorts back on yesterday and today.

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