Showing posts with label stocks. Show all posts
Showing posts with label stocks. Show all posts

Thursday, October 2, 2008

Will the Bailout Really Work?

The market is in trouble and I don't know what will happen. They passed the bill and now people don't know if congress will mess it up.

The fertilizer stocks got trashed today and people who made a bunch of money playing the commodity game may have been hurt bad today. Mosaic is down 37% percent today, Bunge down about the same and Potash down 30%.

It is hard to make those losses up.

Here is one sarcastic view of the bailout: http://strategerycapital.com/index.php?slug=home