CHESSNOID

Random Noid Musings

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Will Citi be the next Bailout

I was actually considering buying this stock in the near future just a month ago. I have actually owned this stock in the past 20 years, used their products and services, and have even been a bank teller for them during my college years. I don’t know if they will make it now.
They just [...]

Stock market rally 11.21.08

The stock markets finally had a bounce today. It didn’t look like that after the first hour. The last few days have been discouraging for investors. I think this relief rally was good to see. The numbers seemed to skyrocket after Obama announced his Treasury pick.

Dow

8,046.42

+494.13 (6.54%)

S&P 500

800.03

+47.59 (6.32%)

Nasdaq

1,384.35

+68.23 (5.18%)

The technicals and fundamentals [...]