once SPY is at 840, give me a call or PM me. I will help you by considering buying. Once there, we should be able to assess the bottom of the pit. (and your injuries from the fall! )
Perhaps it's because bankruptcy is the best option for GM under the circumstances. It will allow GM to nullify all the contracts (with the dealers, suppliers, and the unions) and create new contracts (presumably on much more favorable terms to GM). So, in effect, GM wins, everyone else loses. Thus, GM stock is up on the news while the entire market is down. Makes sense?
Don't worry stock turder, jsut keep buying (more mos, pcx & fcx). The market always comes back! WRONG! The market doesn't always do anything. But, it does follow trends...
Hedgefunds...never heard of them. But online ad revenue was up HUGE the first 6 months of 08. We should open positive tomorrow