MonkeyNov 6 is 392 days or 56 weeks from the US high.That is one...

Monkey

Nov 6 is 392 days or 56 weeks from the US high.

That is one Armstrong leg in length and so is worth watching.

Our 2002-2003 drop was 392 days.

An Obama victory will be regarded by Wall St as negative but the difference between a favoured candidate winning and an unfavoured candidate is one day.

In other words, it is the unknown that is the worry and so more likely to keep a lid on things.

If McCain wins then the US markets rally on Nov 5th. If Obama wins then they sell on the 5th and then turn around and buy on the 6th. Sounds cynical but that is what history shows.

Saw the funniest thing today or part of it.

On CNBC they had a foreign reporter from either Hong Kong or Shanghai and she was ranting about the market collapse and how they needed to find out who was causing it.

Martin Soong, a CMC Asia anchor collapsed in laughter and couldn't compose himself while the reporter didn't know what was going on.

This woman reporter had ranted about blue sky targets last year and I knew she was wacko.