It’s not 777 points, but 485 points up will have to do for anyone who is not excited about a market crash. Financials were way up today despite the fact that Paulson’s Economic Patriot Act was torpedoed by Congress. Let’s savour the moment.
Below are a few financials I follow and how they did on the day. I actually have no positions in any of these stocks but I am no sadist. Market carnage is ugly.