Nothing solid yet on AXP today so far Im still putting a long hold on this stock. Not to much to mention other then on Friday Axp will announce another shocker.
*U.S. stocks declined broadly after a bleak report on home resales.
The Dow Jones Industrial Average was down 142.65 points, or 1.9%, at 7208.29 in midday trading Wednesday. The Standard & Poor's 500-stock index was down 1.9% at 758.60, and the Nasdaq Composite Index fell 0.6% to 172.31.
*SAN FRANCISCO (MarketWatch) -- The U.S. government has tried several different ways to pump capital into the nation's ailing banks, revive lending and ease the recession. Now some analysts say it may be time for the solution everyone's been trying to avoid: nationalization.
Treasury Secretary Timothy Geithner unveiled a Financial Stability Plan Tuesday that aims to strengthen banks, buy up to $1 trillion of their toxic assets and revitalize moribund securitization markets.
Thursday, February 26, 2009
GO GO ....GO LONG
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