with Oli | Strategies


Archive for September 15th, 2008

S&P tests 1200 … here comes UNCLE HANK …

Montag, September 15th, 2008

EXACTLY as market tests the low …
WSJ lights up this headline …
GOVT. asks Goldman and JPMorgan to lead 70-75 bln$ lending facility for AIG …
Hank did it AGAIN … OMG
And tommorow the “surprise cut” ?

FED fights … using ALL WEAPONS …

Montag, September 15th, 2008

The Federal Reserve said it was making it easier for financial institutions to access Fed liquidity by easing terms on its borrowing facilities and accepting a much wider range of assets as collateral. The Fed meets to decide on interest rates on Tuesday.
It widened the set of assets eligible as collateral for loans of Treasuries […]

Will THAT be the BOTTOM???

Montag, September 15th, 2008

Good morning …
Where do I go wrong?
1. MER gets taken at a HIGH PRICE … POSITIVE
2. AIG gets loan from the FED … POSITIVE
3. LEH bites the dust … freeing the FED from this stupid automatism … BUT makes sure, assets won’t flood the markets … assuring liquidity from a lot of the BIG banks […]