Wednesday, November 08, 2006
Election Results
The SPX was up 3.06 yesterday to finish the day at 1382.84. At one stage it went as high as 1388 building on the gains of yesterday. We are still nicely in green.
However the midterm results are in and the Democrats have taken back the House of Representatives and look set to regain the Senate as well. Democrats are seen in the markets (rightly or wrongly) as bad for business so expect a fall today. Oil prices have dropped again today so hoepfully this will cushion the panic!!
Until next time.
However the midterm results are in and the Democrats have taken back the House of Representatives and look set to regain the Senate as well. Democrats are seen in the markets (rightly or wrongly) as bad for business so expect a fall today. Oil prices have dropped again today so hoepfully this will cushion the panic!!
Until next time.
# posted by Paul @ 5:30 AM 
