[Hendrix]

Let me get this straight. The republicans are for less regulation and less business taxes and the democrats are for more regulation and more taxes, yet Wall Street wants democrats in power so that they can slow down regulatory change with gridlock (i.e., Wall Street does not want less regulation). Boy that makes a lot of sense--not.

[Rodm]

DOW at 12,175 up 71.07 NAS at 2,398 up 23

Major Rally because the Dems have shot themselves in the foot with Jon Carry. Put some ice on it!

[headsonpikes]

Let me get this straight. The republicans are for less regulation and less business taxes and the democrats are for more regulation and more taxes, yet Wall Street wants democrats in power so that they can slow down regulatory change with gridlock (i.e., Wall Street does not want less regulation). Boy that makes a lot of sense--not.

Well, the pubbies certainly claim to be deregulators, but traders recognize that the republicans, uh, 'exaggerate' about deregulation so they settle for gridlock, hoping that each party will stifle the other's perverse notions.

More economic morons of either party in government will be good for inflationary expansion of M3, in any event, which is good for the materials sector, particularly gold. Place your market bets accordingly.