Summing up the forces on the market, the dollar is down, oil is down, while Google, Goldman, and GE have all displayed better than expected fourth quarter results, and unemployment is worse in the recent week. But the main force is Obama's new get tough with banks regulation plan. This plan has set off a virtual tantrum among investors. The DOW had its worst day in months on Thursday and nothing that occurred in the regular day to day activity can explain it, except for the Obama regulation plan, which jcsande.blogspot likes.
CNN: Stocks headed lower again
...investors remain jittery about President Obama's new bank plan and issues involving China.
...the Obama administration announced a proposal to increase regulation on the nation's biggest financial firms.
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