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Tuesday, September 30, 2008 6:55:31 PM
First and foremost, WaMu is not your average bank. The New York Times reports that Washington Mutual is actually America's biggest savings and loan.
(http://www.associatedcontent.com/article/1042366/is_washington_mutual_bankrupt_why_the.html?cat=3)
Please tell me or give me a link where Washington Mutual said they declared bankruptcy chapter 7. This is FAR from over. This will bounce real hard and MOMO here is amazing. Very strong close and closed day high obviously meaning people were scrambling to by at ask before the bell. Tomorrow we will go up but will be another buying opportunity for the big run. IMO
For the last time they filed for chapter 11 not 7
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