20061108 ES recovers from effects of Democrats win in US elections. Funny, one trader interviewed on Bloomberg TV was calling for a 'selloff of epic proportions'. Well he must have been heavily short, but he is obviously succumbing to emotions and anger or excitement at the 'paper profits' that he would have made on a 'epic selloff'. A look at the bigger picture, would reveal that the $ from Wall St were already flowing into Democrats' coffers a few months prior to today's elections, indicating the financial community support for the democrats, thereby precluding a 'epic selloff' on Republican loss. 

E-mini S&P 500 chart