Q3 end looms …
Markets wait for the bailout package … especially the TIMING
End of Q3 comes closer and seemingly, market still is long and has to deleverage …
First 2 weeks of October might set the tone for the remainder of 2008.
Be aware, that during the last days of Q3 we might see some winding down of positions as HF’s are hit with redemptions.


September 25th, 2008 at 09:02
Just ten days ago, Bush & co.were saying that USA economy is not in recession, fundamentals are strong, robust economy and very resilient. Tax payers money will never be used for any bailouts.
What has happened sudden of all yesterday?
There are two explanation, either his is a moronn, or he is totally a liar.
Is there any third explanation?
They want the plan money!
Have you another?
September 25th, 2008 at 09:26
I think, that in the case of Bush, it is a sure bet to think, he might be both
3rd explanation? His advisor made him aware quite late
September 25th, 2008 at 10:49
hello Oly!
but you never sleep!
what time is it at your home?
for me is 11,45 am
what you think (with fundamental’s regarding)
inflation, debt growth, etc….
about this graph?
http://en.wikipedia.org/wiki/Image:Longtermdowgoldlogtr1800.png
thanks
matt
September 25th, 2008 at 15:14
I feel like the bailout package is a cure being sold to us by…. snake oil salesmen.
September 25th, 2008 at 22:09
@Matt … I never sleep
… looking at your chart … hmmm … to be honest … this band is toooooo wide for me … it tells me nothing about what to do
But tell me, what you think …
@ Eric … good comparison … but … I think, snake oil salesmen are honest people with a lot of values …
… if I look at today’s policy makers