Desperate anybody?
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 … *applause*
ON BEARISH NEWS!!! Whatever is published is worse than expected, often by that much, that you think … “next time it MUST be better” …
Is this the reason, nobody sells aggressively?
What did we have over the last 3 days?
Friday:
Market was close to fall out of bed, then CNBC saved it with the “bond insurer bailout” - fairy tale … the real news was … a lame capital increase in Ambac at unfavorable conditions and by no means a solution to the problem.
Monday:
Market was losing steam as people got aware, that there is no solution, Oppenheimer and Goldman issueing negative recommendations on financials … S&P saved the day by “magically” confirming Ambac and MBIA “AAA” … Sometimes it is feeling like a bad dream.
Today:
PPI … Horror figure! Consumer Confidence … Horror figure! Market starts to turn down … then IBM hikes outlook … squeeze
And to top it off … Market tries to fall during last hour … BUT … Hooray … CNBC’s Gasparino on again … saying, that even “UNINVOLVED” banks taking part in the Ambac capital increase … you remember? … the one with the unfavorable conditions His take … “they seem to think, there is money to earn down the road” WOW 
At least the market held up another day …
What’s up next???
