Monday, October 13, 2008

The bailout

Well, it is 1:52 PM MST and the market right now is up 813. Liquidity was injected into the world's central banks and a interbank lending guarantee by the government. I was waiting to see what the bailout would do to help. I just wonder what took it so long to take action. The european makets in my mind helped get our markets started. They did their bailout and moved very quickly to get funds put into their market. I only hope that these actions are sustained.

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