Fox Business News: Reports that the Market fell over seven hundred points at the news that the bailout plan for Wall Street had been defeated. As of 8.40pm UK time it was down to 626.99. In 1987 Wall Street tanked, I recall what Reagan said of the event, there is nothing as fickle as a million dollars, well change that to a billion. The Market will fall tomorrow, but this is the time to invest, let the really good non banking stock fall then buy, if I had the money I would buy but let the stock hit the bottom first, at the end of the day this is not the 1930s, and this is not the Great Depression. It should be noted that what bought the West out of the Great Depression was not government spending but a War, World War Two.
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