Wall Street drops another 400

Full story: LA Daily News

Wall Street plunged for a second day, triggered by computer gear maker Cisco Systems warning of slumping demand and retailers reporting weak sales for October.

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complainary-com Panorama City, CA	Reply » \| Report Abuse \| Judge it! \| #1 Nov 6, 2008 Wall street will see a 6-7,000 before it see 10,000. Look for a severe steady decline over the next several months before we bottom out. Then expect a flat market for some period of time before we head up again. www.complainary.com
West Valley Dave Smith “America & LEGAL Americans 1st” Since: Aug 08 7,540 Chatsworth	Reply » \| Report Abuse \| Judge it! \| #2 Nov 6, 2008 The Street doesn't seem to like the election results too much. And I don't think it will until we see some concrete policy statements out of the Obummer camp. If he keeps talking in rosy generalities like he's done for the last year, we are in for a long haul.
Trader Los Angeles, CA	Reply » \| Report Abuse \| Judge it! \| #3 Nov 6, 2008 The drop in the dow had absolutely nothing to do with the elections. It was due to earnings, I don't know what you're talking about.
The Truth Palmdale, CA	Reply » \| Report Abuse \| Judge it! \| #4 Nov 6, 2008 It's going down because there's no confidence in Obama. He proposed nothing and only made a bunch of promises of free healthcare, tuition, and other b.s. that will never happen.
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