CHARLOTTE, N.C. -- It’s been a roller coaster ride for folks in Charlotte since the end of last week, but on Friday, many were saying what a difference a day makes.

But no one is quite ready to let their guard down just yet.

At Cecil Taylor’s Uptown barber shop, there was cautious optimism at the news that Wachovia was pulling out of a deal to be acquired by Citigroup and would instead by bought by San Fransisco-based Wells Fargo.

"So we’re back in the money, maybe!" Taylor happily told NewsChannel 36.

The tiny business, packed into a side alley off South Tryon Street, is where everyone from the big bankers to the local DJs come for a trim.

"It means maybe they’re going to be here now," Taylor continued. Many had feared Charlotte wouldn't retain the banking giant's headquarters, or as many jobs, under the Citigroup deal.

All along Charlotte’s main street, spirits were lifted after a turbulent last seven days. The Dow’s picked up momentum. Gas is finally back in area pumps.

Even Congress took action, approving a $700 billion bailout bill that's expected to rescue the ailing banking industry.

"We’re thinking that maybe some people who were thinking of transferring will not have to now, and hopefully will bring people to the Charlotte area," said Lila Rash of the Charlotte Regional Realtor Association.

But despite the optimistic turn, many small business owners remain uneasy about what the future holds.