The hoopla about whether the bailout should be passed has passed and now we must focus on all new hoopla about what the fallout from passing the bill will bring.
Will our taxes skyrocket? Will our stocks drop or rise? Will banks get enough money to survive or will they all fail anyway?
Considering that My taxes are already rising, my stocks are already dropping and at least one of my banks have been acquired, I'd say that all of that sounds plausible.
I'm thinking that we'll see a rate cut, a stimulus package and a number of small bank failures before we get out of the month of October.
Currently thinking: puts and QID on the next rally up.
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