Alas, the market is up and everyone on Wall Street applauded when the closing bell rang. After a week that scared the entire nation, things have turned around. The surge came as execs from leading banks were invited to join the Bush administration in Washington to work out a plan to get loans in order to save the economy from further destruction. Gaining more than 11 percent, the Dow reached its biggest one-day rallies since 1933.

In the early morning hours, stocks opened high and kept on going. The Dow was up more than 400 points within minutes and by lunch, it crossed back through the same 9,000 level it crashed below the following week.

“My screen is completely green, and I love that,” said John Lynch, chief market analyst for Evergreen Investments in Charlotte, N.C. “But I’m not doing any back flips yet. We still have many challenges up ahead.”

When the horns on the floor of the New York Stock Exchange finally blew, a wave of relief was felt by everyone. Hope is on its way!

Popularity: 7% [?]