Obama and the bear market (://URLFAN)
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southernappeal.org

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Jul 03, 2008 10:44 a.m.

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intrade.com
biz.uiowa.edu
sfgate.com
online.wsj.com


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La BCE relève son principal taux à 4,25%, elle pourrait s’arrêter là, selon Trichet

Obama and the bear market

Source: http://www.southernappeal.org/index.php/archives/2...

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A quick look this morning at two of the big online prediction markets — Intrade and IEM — confirms that Obama remains a heavy favorite to win in November.   Lo!  The Lightworker approacheth.  Our deliverance/salvation is truly at hand.

And yet:  The Dow moved into “bear market” territory yesterday, closing at 11215 — down more than 20% from its October 2007 high of 14164.

So:  Where the heck is the Obama rally?  I guess we just have to wait a while longer for Wall Street to notice that Nirvana is just around the corner.


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