Yesterday the "Bailout Plan" failed to pass a vote in the House. Thank
. Investors did panic yesterday on the news, but it looks like they have regained their composure and have figured out that all this settling out might not be such a bad thing after all. The Dow has so far recovered 4/7ths of the losses from yesterday. That's huge! Good for Wall St. for not digging their heads into the sand and continuing the freakout.
Oh, and if you have some cash on hand... Now's the time to buy stocks. Actually, you might have missed your opportunity by about 8 hours!
*Us - All income tax paying citizens of the United States