Cold Bath

The good news? Crude dropped over 10 bucks.

The bad news? No one may be able to buy the cheaper gas as a result.

After a tenuous morning session, the market watched, listened and reacted to the House vote on the financial bailout for Wall Street. The bill, as well as the markets, went down – big time. By the time the dust settled, the Dow industrials, Nasdaq and S&P all were down in record numbers.

With a little more than a month before the election, the champion of the economy may very well be the winner of the Presidency.