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S&P 500
5,537.02
(
0.51%
)
US TECH 100
19,634.80
(
0.80%
)
Dow Jones
39,308.00
(
-0.06%
)
Brent Oil
86.69
(
-0.26%
)
Bitcoin
59,019.79
(
-1.90%
)
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TheInvisibleHand ™

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TheInvisibleHand ™

Re: Glowboy1963 post# 454

Sunday, 07/13/2008 10:43:56 PM

Sunday, July 13, 2008 10:43:56 PM

Post# of 23113
Should be a great monday

Wake Up FRE Huge news and im calling a bottom to near bottom for Dow, long term. This news is catalyst for a huge short covering, and when so much of the market is short, going to be fun to watch them cover.
US spells out Fannie-Freddie backstop plan
Sunday July 13, 9:39 pm ET
By Jeannine Aversa, AP Economics Writer

Fed offers to lend to mortgage companies, Treasury plans possible equity investment

http://biz.yahoo.com/ap/080713/mortgage_giants_crisis.html

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