Ah, the bailout is working already!

... or not.

Well, after reaching a daily high of 10,796 just BEFORE the bailout bill passed the house, the DJIA finished the day at 10,325; a drop of over 470 points from its peak to make a daily result of -157. Note that the DJIA closed at 10,365 on Monday after the 777 point drop I talked about earlier this week; forty points ABOVE today's closing price.

So Wall Street fell sharply when the bill failed, and has fallen again now that the bill passed. It seems Wall Street has about the same level of confidence in the bailout package that I do. Or perhaps, a radical thought indeed, the market can't be effectively driven by government programs?