was sarah palin's speech wildly received by wall street?

was sarah palin's speech wildly received by wall street? For those of you who may not be familiar with the name, sarah palin is the person john mccain picked as his running mate on the republican ticket for President and VP.

wall street as measured by the dow jones industrial average fell by almost 3%. What this means that if you had a retirement nestegg valued at $500,000, your chicken right now is sitting on a netegg of $485,000.

Why did the stock market go down instead of up the day after a night with such a great speech on such an historic night? The rousing nomination of the first female on the ticket of the Republican party for VP. Simple. It's the economy Stu Pidd. There is a significant drop of jobs in the last 8 years under Bush/Cheney. And today we are facing historically high prices at gas pumps, greatly increased costs of cooling of our homes and higher food prices. Even retirees or employees within a few years of retirement have seen our portfolios drop by 10-15% this year, even for conservative investors. Then there are the wars in the deserts of Iraq and the mountains of Afghanistan. These wars, arguably are wars the U.S. started under a cloud of misrepresentations and perhaps lies. These wars have drained our economy to the tune of over $100 thousand million dollars a year. And more than 4,000 live of our couragous man and women have been lost. And so many more have been wounded and many are facing life-long disabilities.

An attractive face and a great speech while stirring many up, still left us with the same old problems. 8 years of pain and suffering and the possibility of more of the same with McCain/Palin for 4 more years.