Ben S. Bernanke … does the S. stand for STUPID???
This guy is really unbelievable!!! He is IMHO totally inadequate for the job!
WHY?
Because he is has no clue at all, what he is talking about and even worse … he has no clue, how investors receive his “messages”.
This guy is the nail in the […]

I have to admit it … this guy makes me sick …
ALL data point to a recession … and not a shallow and short one … and inflation is rising every day …
But Bernanke does not admit it … continues with dangerous and useless rate cuts …
only as he fears that bad markets might even […]

It is getting funny … at least close to it …
We already play the game … wait for a technical SELL signal … than try to guess the news/rumour, holding up the market
But even the news/rumour doing it is getting less and less significant every day … desperate anybody???
Last 3 days were up … […]

Oppenheimer and Goldman Sachs bring the RED INK to the financials again.
Goldman might be oportunistic as it sees cuts for Q1 but does not really change the 2008 outlook by too much … You know … HOPE is important
They expect:
- Citibank to write off a further 12 bln$
- JP Morgan to write off […]

Monthend is close … AND QUARTEREND for some of the “finest” institutions on this planet
Goldman Sachs, Lehman, Morgan Stanley and Bear Stearns all celebrate one more quarter of financial SURVIVAL
My respect
Hopefully the Ambac story came not too early for them … as most analysts already found out that it […]

… at least for now … but most certainly will
The reason is: People don’t (want to) understand, what is going on.
A classical case of desinformation and DENIAL. Like seeing light at the end of the tunnel and not realizing, that it is a STEAMTRAIN …
So far, any bubble was explainable and feelable. You […]

U.S. market action is becoming ridiculous … if you thought, this happens only in the 3rd World, read on
Every(!) fundamental indicator shows it and every objective newswatcher knows, that we ARE IN RECESSION mode … everybody knows, that we ARE IN A CREDITCRUNCH, everybody knows, that STAGFLATION LOOMS …
SO how do you […]

As markets keep swinging intraday with high volatility, but low trend intensity, here my idea, looking at a daily chart.

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As you can see, we had a downmove of around 1.900 Dax points … now we keep consolidating within a bearflag formation.
So far we only corrected 38.2% which is quite bearish. We don’t even […]