Friday WaveWrap
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| September 26, 2008 |
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While Congress resumed bailout talks, we witnessed the largest U.S. banking failure in history as Washington Mutual (WM) was placed into receivership with the FDIC and JPMorgan Chase (JPM) acquired the bulk of the operations. The markets took the news in stride, and the Dow (DJI) even made a triple-digit gain. The White House has said it expects a plan by Monday, so this weekend's deliberations have historic potential.
While you wait with bated breath to see the final agreement from Capitol Hill, take a look at the tips and strategies in today's WaveWrap. And remember to remain calm whatever the outcome of this weekend. Panic never made anyone a dime.
Hit ’em straight,
Toby |
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Enron All Over Again
It's sad to say that, less than a decade later, the Enron scandal is small potatoes. The current market fiasco is bringing the whole financial system to its knees. Washington Mutual is down 94%, AIG is down 95%, and Lehman Brothers is down 99%.
It will take most investors years to recover. But you can start capturing gains a helluva lot quicker.
At Big Money Options, we're closing winning trade after winning trade. Just today, members captured 57% profits, and since June they have profited on 19 out of 22 trades.
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SEC Ban Bandages a Bullet Wound
By Michael Shulman
The government banned shorting as a way of keeping the perceived 'bullies' from stealing the little guy's lunch money. But ChangeWave Shorts Editor Michael Shulman explains why what they've done only removed the teachers from the school. Read More …
Your Pipeline to Profits
By Bryan Perry
If you're looking for stable cash flow, upside appreciation and tax benefits, then 25% Cash Machine Editor Bryan Perry has the perfect investment for you. Read More …
Your Post-Bailout Recovery Strategy
By Tobin Smith
The rules of the game have changed, and the investing world as we know it has come to an end. But with transformation, comes opportunity. ChangeWave Investing Editor Toby Smith tells you how you can navigate these monumental changes. Read More …
Economy Spirals Downward
By Paul Carton
A perfect storm has hit the U.S. economy this quarter, and it looks like it will be a while before it subsides. Read More …
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