Wow! What a way to finish out the week. Wall Street has been up and down and all around over the past week. Stocks opened the day about 400 points higher. This due to the news that the government plans to rescue big banks from billions of dollars of bad debt. The bailout would be the biggest ever undertaken by the government.
In addition, the SEC has placed a temporary ban on the short selling of 799 financial stocks.
What’s up next? Only time will tell. For now, please fasten your seatbelts and keep your hands inside the car at all times. Please enjoy the ride!
