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Stock market up 1,000 points? 10.13.2008 update

The stock market futures are almost 40% there and momentum may explode in the first 15 minutes when the markets actually open and buy programs start to execute.  Tomorrow may be the biggest day in US stock market history as far as points go.  It may even be the beginning of a rally that lasts [...]

Stock market up 1,000 points? 10.12.2008

Considering how battered the stock markets have been the last 8 days, tomorrow can possibly be a huge rally.  On Friday we saw a swing of 1,100 points.  I wouldn’t rule out a rally tomorrow that breaks 4 figures.  In the futures right now the DOW is up 330 points and gaining momentum.  Then again [...]

Credit cards after a spouse passes away

I received a comment from my blog post American Express stories 8-11-08 from Ms. S:
WOW!! I thought I was the only person who had problems with Am/Ex.
First I want to start by saying my husband passed away and I immediately called the company to inform them of his death. They cancelled the account’s and [...]

Be wary of stock market rallies

I think it is great when the market goes up.  We have been down 8 trading days in a row with over 20% losses in all 3 indexes (DOW, Nasdaq, S&P 500).  We were bound to have an up day or two.  Just like playing blackjack, sooner or later you get a good hand dealt.  [...]