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October 03, 2008 – Comments (6)

bailout stock chart

What if they passed a bailout and the market didn't care? What if the market was happier before the bailout passed?

Selling the news, I guess.

6 Comments – Post Your Own

#1) On October 03, 2008 at 3:31 PM, FoolishChemist (96.76) wrote:

Just what I was thinking. 
Don't pass, stocks fall a lot,
Pass, stocks fall just a little.

Will someone just tell us what the market wants so it will go up?!

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#2) On October 03, 2008 at 4:05 PM, murphy8275 (< 20) wrote:

gee did anyone forget to say we are in a depression  don't look at the markets for the answer   they are liers   look on the street and in the job market and so on

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#3) On October 03, 2008 at 4:06 PM, murphy8275 (< 20) wrote:

gee did anyone forget to say we are in a depression  don't look at the markets for the answer   they are liers   look on the street and in the job market and so on

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#4) On October 03, 2008 at 5:38 PM, Hoglum (88.36) wrote:

Will someone just tell us what the market wants so it will go up?!

Honesty.  Integrity.

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#5) On October 03, 2008 at 8:13 PM, rd80 (98.23) wrote:

Maybe between Monday and now the market figured out that if banks won't lend the Fed's money, they might not lend Treasury's either.

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#6) On October 03, 2008 at 9:12 PM, nuf2bdangrus (< 20) wrote:

Of course, the Feds screw me again.  I closed my shorts and sold my puts ahead of the TARP, expecting it would pass last Monday. a "done deal" they said.  Naked long, I had no choice but to hold, and not sell into weakness.  I was waiting for a bit more of a rally before i re hedged.  I thought it would weaken the dollar and boost energy stocks, which it did until the bill.  Lesson learned.  Rallies are to be sold.  Always.  I still see danger.

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