A short term buying opportunity in stocks

Does anyone doubt that at some point soon Congress is going to pass a bailout? Sure, they didn’t pass the bailout yesterday but another bill will come along to take its place. In the meantime, stocks fell between 5 and 10% depending on the index you are looking at. It seems likely to me that Wall Street is going to come roaring right back just as soon as the bailout bill passes. What do you think? Is a 5% return over one week a pretty good deal?

Update: It’s not really surprising that people are back to buying today after yesterday’s massive selloff.