Is this a repeat of the October $700 billion bank bailout?

Discussion in 'Trading' started by dumpandbasher, Dec 8, 2008.

Is this a repeat of the October $700 billion bank bailout?

  1. Yes, the market will tank and set new lows before the end of December.

    2 vote(s)
    18.2%

  2. The market will tank around 10% but won't set new lows before next year.

    5 vote(s)
    45.5%

  3. No, the market will chop around and stay flat or continue upwards.

    4 vote(s)
    36.4%
  1. dumpandbasher

    dumpandbasher

    The market rallied hard in the days before Congress approved the massive financial bailout package, only to have an even harder sell-off immediately afterward. Is the same thing happening with the auto bailout?
     
    #1     Dec 8, 2008
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  2. MrDODGE

    MrDODGE

    This is a repeat of the stimulus rally earlier this year and not the $700 billion bank bailout.
     
    #2     Dec 8, 2008
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  3. Debaser82

    Debaser82

    They will anounce a 500 trillion dollar stimulus infrastructure plan in january 2009 which should see the DOW reach 30.000.

    FWIW DYODD.
     
    #3     Dec 8, 2008
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