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The U.S. is weighing two dramatic steps to repair ailing financial markets: guaranteeing billions of dollars in bank debt and temporarily insuring all U.S. bank deposits.
If the two moves come to fruition they would mark the government's most extensive intervention yet in the financial system, as officials ponder increasingly far-reaching measures to stem the sprawling crisis.
You shouldn't even have to ask because no one knows what the market will do -- not even the biggest dog of all, Mr. Warren Buffet. You would think that someone with his stature, influence and wealth can move the market, but even he can't. He bought GS and GE. Look where they are now. He bought MOT a while back when it was $10 a share. Look at it now. There are only people giving opinions. Sometimes they are right sometimes they are wrong.
Isn't Friday typically a pretty easy going day in stock market land? I heard that somewheres...
I bet it will keep going down first thing Monday.
Plus, it isn't day trader power hour yet.
Problem is, you never know what might happen over the weekend. Remember, most of the large banks failed on Friday after closing bell.
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