If this Corporate Welfare Handout is so great, Why is the DOW Down 180 points?

[tekisui]

Where is all the celebrating and confidence that they had $700 Billion(plus) coming there way?

[itsrobert]

1. Because there is still a little uncertainly it may happen or not

n/t

[Lasher]

2. Selloff after Friday's big gains.

But the decline will continue soon enough.

[SmokingJacket]

3. When it happens it will soar.

If I had some extra bucks, I'd buy today and sell on Friday, or whenever they manage to force this thing through.

[tekisui]

4. where would you put it?

[SmokingJacket]

7. Sheesh, I don't know!

Maybe if I HAD some money, I'd figure out the details...

Actually: pharmaceuticals! Yep.

On edit: in fact, I'm going to do a little imaginary investing today, and I'll see how accurate my prediction is...

[nradisic]

5. Profit taking after last week and....

The fact that the bailout deal is facing massive opposition.

[Robbien]

6. The market goes up and down independent of facts

On days no one does nothing the market can swing wildly.

These days there is no rhyme or reason.

[Jamastiene]

8. Because it is a quick fix and will not repair the infrastructure.

A quick fix like this may buy some time, but when the management is obviously THAT lousy, and it had to be to get them into this kind of mess, it is the equivalent of putting a band aid on a severed head. It is only temporary. They aren't even requiring them to straighten any of their own mess out or replace any of the dipshits who mismanaged them all to hell.

Investors know that. Until some serious management issues are straightened out, the bleeding will continue no matter how much money our sorry ass government throws at the problem. It is called "throwing good money after bad." Simple as that.