Dow soars nearly 500 points on banking plan

msnbc ^ | 3/23/2009 | AP

[SunkenCiv]

bottom fishing. Semiconductor stocks have lively.

China Calls For New Reserve Currency
FT.com | 23 Mar 09 | Jamil Anderlini
Posted on 03/23/2009 4:17:35 PM PDT by datura
http://www.freerepublic.com/focus/f-news/2213010/posts

[Cedar]

I’m with you. I had a small one hundred dollar profit today on one stock, so I took it. Will not complain. I’m glad to see green instead of red for a change.

[Tempest]

Woohoo!! Time to get drunk on more free tax-payer money!!!

95% Subsidzed investments! It’s a capitalist dream!

[Tempest]

this is a lull before the storm, not recovery.

[Professional]

If the market fell, this would have been “breaking news”, but since it went up, that is somehow less important here at FR.

Stocks falling, is “popular today”, it’s the herd’s choice.

I’m frankly astonished by how negative the typical freeper is, and how people are overlooking the fact that considering the percentage decline and time declined, this can only be described as possibly one of the greatest buying opportunities of the modern era. And NOBODY here, I’ve come across, has even hinted at that idea.

Obama, and Congress be dammed, I thought this was WE THE PEOPLE? Or, did you all conveniently forget?

Wall Street is 20% politics, politics is 80% Wall Street...

[Professional]

And that is why the Dems stonewalled them... The stakes were high, the dems won, by putting the financial world at risk. “Greatest financial heist in history”....

[Professional]

I counted every comment on this thread, 55 or so negative, two cautiously optimistic. That is a very bullish signal.

[tobyhill]

I think it's just more amazing at how many people fell hook, line and sinker for this Obama shell game.
It sounds like this coming from Obama, “Bank good, bank bad, bank good again, bank bad again. No bonus for you, bonus for you”. It's like he has no clue but stumbled on something the market liked but when the market reads the fine print they won't like it so much.

[Moonman62]

And that is why the Dems stonewalled them...

W and Paulson changed the plan all on their own after the bill passed. It went from cleaning out the financial system, to handing out candy to big business.