Totally sober! The discord that the AGore suits inspired was greasing the
skids for an already tanking economy. The market does react to all news,
but some events cause a much greater influence. And "The Florida Election
Debacle" really threw the grease to the ways. (boating reference at least).
Bill

"Doug Kanter" wrote in message
...
"Calif Bill" wrote in message
nk.net...

even though it was dying before the election and AGores actions
started a huge slide. Investors do not like uncertainty.

You must've been three sheets to the wind when you wrote this. It's hard
to
believe you're the same person who sometimes offer lucid, accurate boating
advice.

"The market" reacts to absolutely EVERYTHING. It burps when a judge says
the
word "Microsoft", when the president is rumored to be making some sort of
announcement, and when almost any stock sector leader, like G.E.,
announces
earnings, even if the announcement is positive, but not positive enough.

The market's reactions are barely connected to the state of the economy,
or
anything else for that matter. The immediate index changes you hear about
are largely the result of huge trades by institutional investors, like
mutual funds & pension managers. In other words, little conference rooms
containing a handful of so-called "experts", who make correct or incorrect
decisions about as often as you or I.

Al Gore.....sheeeeit. Next, you're gonna say the market tanked because the
TV show "Spongebob Squarepants" was finally cancelled.