Maybe the markets don't make any sense to you.... When the house did not pass the bill we saw the Dow drop from down 300 to down 780. Then the House passes the bill, so of course the markets will go up on this news right? No. So what do you do? For the rest of the article see http://fiscalfrenzy.com/

Whew – what a wild week! World stock markets and commodities tumbled, whereas government bonds and the US dollar surged amid mounting fears that the ongoing turmoil in financial markets was foreshadowing a hard landing for the US and Europe.

Now that the bailout deed has been done, attention is shifting to whether the plan will work and break the logjam in the credit markets.

There are times to act on investing opportunities, and there are times to sit back and reflect while minimizing market exposure. If you've been around the market for any amount of time, I think you'll agree that this falls into the latter category. With the House of Representatives set to vote on a revised financial bailout, the markets are in complete limbo.

I don't have a link to the article as this was e-mailed to me in plain text, but thought I would pass it along to all of you out there.

Commentary by Ann Woolner
Oct. 3 (Bloomberg) -- It is one thing to re-pitch the Wall Street bailout bill to encourage finger-in-the-wind elected lawmakers to enact it.

Fear can manifest itself in many ways and I don’t see fear dissipating any time soon. What should long term investors do? I think an analysis of previous bear markets will be helpful. You may be surprised to know that bear markets in the mold of the 1929 Great Depression are actually a blessing in disguise for investors.

Just came across this article on ClusterStock and thought it was very insightful. Henry Blodget has a 14 point list on how the proposed bailout will play out. I think there is a lot of truth in this article, a must read for everyone.

For some time now, weekends spell a period of trepidation for investors as the Pandora’s box is opened. Bizarre announcements of historical takeovers, bankruptcies and government interventions left investors grabbing for straws in a cesspool when trading resumed on Mondays.

If and when the bailout gets passed, the reaction on wall street will be critical . It is important to look at past trends of the Dow to interpret the effect the 700 Billion dollar Bailout plan will have on Wall Street as well as main street. For the rest of the article go to http://fiscalfrenzy.blogspot.com/2008/09/how-will-investors-respond-to-b....

In a September 25 article titled, “0.25% Trading Fee”, members of Congress are considering a 0.25% fee on all transactions. That’s a’%’ and not a ‘$’.

For Christmas tax payers will receive a bill for $700 billion.

I was sent a link to this article by Francine McKenna at re: The Auditors and thought I would pass it along. It has a great look at what is going on with Fannie Mae and Freddie Mac from an accounting perspective and really shows who is left holding the bag.

The Federal Reserve said Wednesday it is extending its emergency borrowing program to Wall Street firms and is taking other steps to ease a severe credit crunch that has hobbled the national economy.

Cleveland based National City Corp., Ohio's largest bank, is all set to receive between $6 to $7 billion in a capital infusion bailout from an investment group led by the New York based private equity group Corsair Capital LLC.