re: Dow Jones At 6763 .. Obama Time Is Gaining Momentum

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The market didn't drop down this low on W's watch

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Yes it did. Drpped about 29% from Oct to jan. 20. Has dropped about 15% since jan 20.

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Anybody that knows about the stock market knows the price reflects expectations.

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I expect it to be bad for some time. So yes, the stock market should be going down.

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Since Obama has been in office expectations have dropped.

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I think its a continuation of the last 6 months and really the last 18 months.

The fact is, the credit markets have loosened somewhat since Obama took over. This is more important than the stock market right now. And somsumer spending was up last month. I think that is a blip but still better than down.