The market doesn't seem to like Obama's plan

[Veritas_et_Aequitas]

http://money.cnn.com/data/markets/

The Dow is down 86.65

The S&P is down 6.10

NASDAQ is down 3.28

WTF, guys? Have a problem with sustainable economic growth and reasonable, just practices?

[John Q. Citizen]

1. You actually believe the market is responding to the Obama plan which has been out for a month?

I don't.

[Veritas_et_Aequitas]

2. Psychology is a quirky thing.

Only one scared cow can start a stampede. A poor analogy, I know, but the principle's the same.

Also, you made a typo in your headline.

[polichick]

3. I'll bet it's the retail reports coming out this morning - Macy's etc.

[Veritas_et_Aequitas]

5. Maybe, but the numbers were steadily decreasing as Obama kept talking.

I know correlation doesn't mean causation, but it's still something that struck me.

[whatchamacallit]

4. It's probably more like it doesn't like the straight dope

That and being told their fraud factory is gonna change.

[madokie]

6. If the market is saying anything at all

thats exactly what its saying. The gravy train is over boys the gravy train is over.

[Sal Minella]

11. Yup. Regulation Pinkertons coming down the track, we better grab what we kin and jump, boys.

[LoZoccolo]

7. The market works on fuzzy logic.

It may have already responded overwhelmingly positively in days past, and then is a little disappointed at some aspect of the stimulus and is discounting it.

[lonestarnot]

8. Crooks that have stolen all the money don't like to be regulated.

[natrat]

9. profit taking from yesterday leveled off, most of the drop was in the gap overnight

[meegbear]

10. And Fox "News" will use this to show how Obama's plan is bad for the economy

Unlike when repug plans brought them down and you never heard a mention.