Bears back at work :)
Not only me 
After technical targets were reached, selling set in … WHO?
YES The ones who “know” … PPT was rumoured to sell the rally, using demand from underinvested HF’s …
Funny … but true …
Now they hide it behind the Goldman OIL story and the UBS statement, that MONOLINE WRITE OFFS MIGHT COME in Q2!!!
You remember? The ones, Deutsche Bank’s CEO Ackermann referred to as a “FINANCIAL TSUNAMI” …
Even the FED is said to be the trigger due to statements, that inflation to high and rates too low.
Or is it Obama’s win? The press speculates …
Fact is … Bears back at work … let’s enjoy the ride
Take care!
Tags: bond insurers, FED, Goldman, PPT, UBS
