Governments around the globe step in to turn markets around … And … they do it on EXPIRATION DAY … again!!! U.S.: – considering buying back mortgage debt investing around HALF A TRILLION(!!!) US$!!! – considering setting up a NEW agency to buy into the financial sector – SEC considering BAN OF SHORT SALES!!! UK: [...]

After the SEC only prohibited something, which was and still is illegal anyway … the “naked short selling” … The U.K. goes one step further … Read here : Britain’s Financial Services Authority on Thursday banned short-selling of financial stocks and prohibited any increase in new bearish positions in the sector. Also, disclosure will be [...]

Starting tomorrow … NAKED SHORT SELLING will be FORBIDDEN!!! Markets SQUEEZE!!! They fight for survival …

Today … HBOS was down more than 50% … than rallied to plus 17% after BBC said, they were in merger talks with LLoyds TSB. Morgan Stanley … CNBC says … is ABOUT to merge with a “BIGGIE” … back to the roots??? Do I hear JPMorgan????

Markets defended the KEY LEVELS !!! S&P 1200 FDAX 5900 Now concentration is on the quarterly expiration NEXT FRIDAY … We hit a 5-year-high in the VIX volatility index … If there is no big NEW bad news … WELCOME to the recovery!!! Take care !!!

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” ?

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 [...]

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 [...]