House voted 226- 207 the bail out did not pass. Legislation is dead in the tracks. If you have Cash hold on to it like a squirrel holds nuts in wintertime.
Dow has been plunging ever since. Instead of buying puts and trying things, its best to stay on sidelines. That’s why I have not posted [...]
Monthly Archives: September 2008
Market Bail out failed
Market bail out failed
House voted 226- 207 the bail out did not pass. My screen went absolutely crimson and DOW dropped 600 points NASDAQ 126 points. If there is something called Market Crash this is what it will look like. Bail out is dead. May be not. This is the breaking news. We want to stay out of [...]
Market Bail out
This has been a tumbling week of uncertainty. Index option trading and all stock trading should be handled with caution. Congressional hearings and President’s scary message about how the economy will fall apart is not a good sign of times. Markets are collective souls of public and they are not at ease. However, today the market reacted to the [...]
