Lovely Duoglide

Lovely Duoglide

my live positions

Use MT4 from www.alpari-forex.com/ Acc.No. 460022 (micro2) pass: Dm12Gon0 - Live Result from Evolution Trading System. Signal will be sale on eBay...

October 05, 2008

After a week of drama, the $700b bailout plan was finally approved by House on Friday. With Senate already approve the modified plan on Wednesday, US President Bush signed off the plan to ease the credit crunch that's now "threatening" the US economy. However, the markets are rather not convinced that this is the solution. Dow ended up 7.3%% lower to close the week. The news was clearly not enough to boost investors confidence. Dow indeed closed lower than Monday's low, where the historical 777 points fall occurred after House initially rejected the plan. S&P 500 also had it's worst weekly decline since Sep 01 and fell 9.4%.

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