AUTSCH!!!

Despite all central banks and Government MOVE now …

so far nothing helps …

WHY?

- No short sellers have to cover

- Who jumps out of the window, does not return

- No confidence still as everybody waits for implementation rather than announcements

- Earnings season started and everybody is afraid now

- Paulson said today, more bank failures to come, credit crunch needs more time

- AIG had to lend ANOTHER 38bln$ …

BUT …

Technically we could be close ahead of a nice BEAR RALLYE as we gyrated today with record volume WITHOUT making further negative price progress.

Tags: AIG, meltdown, Paulson

This entry was posted on Mittwoch, Oktober 8th, 2008 at 21:39 and is filed under FDAX. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.