with Oli | Strategies


Financials under attack …

Confidence crisis spreads!!!

HSBC cuts credit rating of Lehman, Goldman and Merill …

At the moment …

LEH … down 33%
MER … down 15%
GS … down 9%
C … down 8.7%
BAC … down 5.5%
MS … down 13%
UBS … down 11%
JPM … UP 1.26% … I think because of short covering in BSC :)

BEARnanke … helpless as always … beware … this is a MELTDOWN

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2 Responses to “Financials under attack …”

  1. Mike Ziemkendorf Says:

    LOL …. It looks like every day we have more fun …. Pls take a look on DJ NewsWires ….. Buckingham Research cuts Bear Stearns to NEUTRAL ….. and “more to follow” ‘….. maybe I dreamed to much the last two days or I missed something ….. or they know something …… maybe :-)

    Good comments from you.

    Regards.

    Mike

  2. Oli Says:

    :) Thank you :)

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