Right now neither the Nikkei nor Wall Street futures have any relevance in understanding the market's daily potential.
At present we are sinking and the DOW in the 6000s is just around the corner. Hopefully we won't go there, but who knows. The talking heads and news article interviewees for the most part have been completely wrong.
Nobody on Wall St. liked anything that Obama offered and signed into law, so there we have it. Let them eat moldy bread...
Reuters: Nikkei down as techs, banks, Bridgestone drag
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Wall St. is all about Wall st. not main st. Obama is attempting to rebuild as he says from the bottom up not the top down as the GOP wants and the Repub. part of the Dems. party want as well. He knows that if millions are trapped in poverty and despair we all are. Obama seems well aware the smart and the rich can fend very well for themselves so no need to feather their nests anymore. He's worried about the declining middle and the wretched bottom. The GOP wanted a Roman style Republic with the poor as legions for the rich to send overseas to steal from others what they can't own or buy. They wanted a return to slavery as well that's why we have 11 mil. illegal workers that can be treated as slaves if need be. We have been going in a very very bad direction for a very long time. Wall st. doesn't like our new tack. So what!
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