Option Investor
Archive
HAVING TROUBLE PRINTING?
Printer friendly version
OI Technical Staff : 9/27/2008 9:59:59 PM

The Market Monitor has been archived. You may view it and any previous days here: Link

Disclaimer: Stocks discussed in the Market Monitor are for educational purposes only and any analysis is not meant to imply a recommendation for or against that stock. The analysts in this forum as on any other website are prohibited by the SEC from giving any specific advice to ANY individual trader. All information posted is for ALL readers and is not meant to be directed to any individual. Our analysts cannot answer any email questions regarding any specific stock. Please do not ask and please do not take offense if requests are denied.

Results posted in the Market Monitor are hypothetical and OIN does not claim that any reader achieved these exact results. Due to the lag time between research, writing, posting, uploading, reading and execution there will be differences between the actual signal given and the fill achieved by the reader. Fills may be better or worse but in most cases they will be different. The writers will make every effort to give advance notice of intended signals and indicate potential price targets. Your individual results may vary depending on your activity level and aggressiveness. This forum is intended as an education service only. Trading involves risk and should not be attempted by anyone not ready to accept this risk. By acting on any signal in this forum you agree and personally accept this risk.

Tab Gilles : 9/27/2008 7:20:20 PM

$700B for the "BailOut" bill....don't look now, but $612B just sneaked by!

Senate sends $612 billion defense bill to Bush Link

WASHINGTON (AP) ? Troops would get a pay raise in a defense bill that Congress sent President Bush on Saturday. Even before passage, lawmakers had backed away from an election-season showdown with the administration over Iraq.

Legislation approved by a voice vote in the Senate would increase pay by 3.9 percent, extend bonuses and provide money for family housing, tuition assistance and other programs.

The bill, which maps $612 billion in defense spending next year, shows how lawmakers would rather go home and campaign than wage a prolonged battle in Washington with Bush over Iraq policy.

In the end, House-Senate bargainers dropped several provisions he opposed. Eliminated was language barring private interrogators from U.S. military detention facilities and giving Congress a chance to block a security pact with Iraq.

The legislation also lacks a call for a U.S. troop withdrawal from Iraq ? something Democratic presidential candidate Barack Obama long has called for and Republican nominee John McCain has opposed.

The bill envisions nearly $70 billion for U.S. operations in Iraq and Afghanistan, and requires more information on contractors with projects in Iraq. It also paves the way for Bush's plan to build an anti-missile system in Eastern Europe, a proposal strongly opposed by Russia.

The House approved the bill overwhelmingly on Wednesday. Bush is expected to sign the measure.

The measure is S. 3001 as amended.

Market Monitor Archives