$700B Bailout Plan Looking Good So Far

By | September 28, 2008

I bought XLF @ 21.30 on Friday. I was expecting that the bailout plan will be passed by the end of the weekend. After much talk and revision, finally on Sunday night, the Lawmakers, White House agree on $700B bailout and Congress Finalizes Financial Rescue Plan.
I expect the stock market to open higher on Monday, with financial companies leading the rally.

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