what was the news around 12:20PM EST?

[forsalenyc]

everything just shot up.....

 

[clacy]

stock_trad3r renounced the buy & hold strategy and no longer has any confidence in the US stock markets.

 

[Surdo]

Alex hit the SELL SELL SELL button in The PureTick room!

 

[Clubber Lang]

Bi-Partisan bailout agreement for automakers(although the news was out 25 minutes before the market rallied, it didn't start really moving until CNBC "broke" it).

 

[RAY]

Gettlefinger (sp?) [UAW] asked all Americans to give, all their money, to anyone who does/has worked at an American auto manufacture. We need to be sure that they can continue to donate 10% of their bonus checks.

Market loved it.....

 

[nutmeg]

pfffffffffffttttttttt. What else ya got?

 

[forsalenyc]

if fed bails out the big 3 automakers.....which bank does this help the most?

 

[ByLoSellHi]

Bi-partisan bill to aid Big 3.

Fade it.

 

[nickdes]

Quote from forsalenyc:

if fed bails out the big 3 automakers.....which bank does this help the most?

-------

My guess would be <C> based on the move down this week?

Nick

 

[Adobian]

Quote from forsalenyc:

if fed bails out the big 3 automakers.....which bank does this help the most?

Buy LEA