Active Investor Update
The stock market will rally before it is finished and the Fed will act to save a Washington Mutual (WM) and we will rally huge.
Let it play out. It's happening with Mach 5 velocity, so you won't have to wait too long. Some days stocks will rally because the pressure will look like it's over. Other days it will return. No one who did this strategy will survive. But then we will thrive. Sooner rather than later. Random musings: WCI (WCI), a Florida homebuilder in the epicenter of the turmoil, hit $6 yesterday. It turned down a $22-a-share bid a couple of months ago. Torublesome and worth watching for headline risk.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
|
|
DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
|
|
-0.21%
|
-0.23%
|
-0.35%
|
-2.71%
|
Data delayed 20 minutes |
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