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Technology Stocks : Apple Inc.
AAPL 286.23+1.0%Dec 2 3:59 PM EST

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To: Lizzie Tudor who wrote (78599)10/6/2008 3:07:15 PM
From: HerbVic1 Recommendation  Read Replies (1) of 213173
 
Sources close to Goldman Sachs and Merrill Lynch indicated the banks might choose not to participate in the bail-out

That's what I kept thinking as I watched CNBC's coverage of the off again on again $700B congressional hand wringing.

It's a flight to cash right now. Wave on wave. The economy itself is not near as dire as the fear would have us believe. I'm thinking we're looking at bear mode until after the election, then, no matter which party takes the field, the game's afoot for some bullish sentiment.

Calling the actual bottom is a fool's errand, but as all fools know, there will always be one sooner or later.
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