Monday 9/29 ... VOTE STILL OPEN?!

By: Matthew Graham • Mon, Sep 29 2008, 1:54 PM

Apparently votes can still be changed and a few have done so already. We are sitting at 207 "yea" votes and need 218 for it to pass. Stocks have retreated from the brink of disaster now down "only" around 450.

MBS have settled into a "wait and see" range at 100-16 to 100-17+. Once the gavel comes down, it DOES NOT seem that we will lose much ground if the initial reaction is any indicator.