The US government bailout plan has been doing positive gains to stock markets recently. The last week lame condition of Wall Street due to financial crisis, is now being revived and comes back to life as it gained a much higher than expected last friday on its stocks.
But it's too soon to say whether the market has bottomed out, according to Ribotsky. "We have to wait and see what comes out of the whole proposal and package. We'll see what else transpires over the weekend."
Spar agreed, saying: "If details of the grand plan are revealed over the weekend, it may create a sell on the news on Monday morning."
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