Stock market down after Bush's little talk?

[sinkingfeeling]

Updated: 11:10 am ET, October 14
-38.95(-0.41%)Dow 9,348.66-45.20(-2.45%)Nasdaq 1,799.05-6.27(-0.62%)S&P 997.08

[seemslikeadream]

1. That bounce was a few folks making some fast money

[napi21]

2. I thought he was going back to Crawford? Can't they just tell him

to take the rest of the year off? It's obvious he doesn't want to be on TV, and I bet he has his very own countdown clock!

[scheming daemons]

3. It was after McCain announced his "recovery plan".....

[silex]

4. Again...

Haven't they learned yet even Barbara Boxer mentioned the correlation last night on Rachel's show.

[Turbineguy]

5. So the bailout

(modified from its original) has helped stem the panic. Total economic collapse has been averted. And that's good.

But nothing has been done to reduce market volatility. And under the Republicans nothing will be done. McCain proposes to lower capital gains. This would entice more new money into the markets by investors hoping not to get fleeced. Market fluctuations allow people to take large amounts of money out of the Markets. It's a great market for traders but not for investors. With the cuts in leverage, the kind of profits of the past will require more real money (that's money that people actually work for) to be injected into the markets. Right now the government is injecting money that will be taken out the back door by the bushel. The hope is ordinary Americans will join the stampede to riches to keep that money flowing out the back door.

In the end does Joe Sixpack want to undergo these gut wrenching gyrations in the hope of obtaining some old age comfort from his 401K or other self owned plan?