breaking news-bailout plan falls apart !

Discussion in 'Trading' started by NY_HOOD, Sep 25, 2008.

  1. NY_HOOD

    NY_HOOD

    the plan just cratered with no agreement. market will crater on this news. anyone hearing this?
     
  2. Heard the same thing. ES down 13.50 so far.....
     
  3. Wonderful news.

    It's time to clean this house ... not throw good money after bad.
     
  4. dsq

    dsq

    THEY LL HAVE SOMETHING BEFORE FRIDAYS MARKET CLOSE AND PROBABLY BY THE OPEN.IF NOT...
     
  5. clacy

    clacy

    Most likely by Monday, but hopefully it doesn't look anything like the 1st draft.
     
  6. Digs

    Digs

    Whats the noise around accounting rules "mark to market"..
     
  7. You know how it goes, regulation, accurate reporting = bad
     
  8. not gonna happen... no one trusts anyone.
     
  9. Yes!! Buffet will eat shit now with his GS shares!!:D :p :D
     
  10. I think it will be saved in the 11th hour.

    Market may react but Euro/Asian Markets will be the tell tell. I don't see much going on.

    The Sec Tres and Fed ran back out to Washington.

    It isn't dead.

    If it does die, which might make the most sense, Dow will be at 8000.

    This could be one of the best opps to buy into the markets, to pick up real estate and really create Assets and Wealth for yourself.

    If you have money and are liquid
     
    #10     Sep 25, 2008