About thirty minutes before the close, the sellers took over and drove the market down. Not good that this is the kind of late-day action that we are seeing.
Meanwhile, the Phillies are up 3-1 in the World Series. At least Phillies fans have a reason to be happy.
After the bell, Xerox announces that they're going to cut 3000 jobs. Seems to me that they're just copying other companies. Bah. Bad layoff humor attempt. Sorry.
i'm on my cellphone, so I'll find the link later. But Arthur Laffer said, "The age of prosperity is over." The supply-side guru believes that it is the government intervention that is driving the stock market down. (I think from WSJ)
The latest election poll gives Obama an 8-point lead over McCain. Meaning, of course, that if McCain scores a touchdown, he'll have to convert the two-point conversion to force the game into overtime.
