Today … another round of scary reports … Bank of America and Citibank lost “some more” billions Bank of America had to take 20bln $ MORE(!) help from the always giving U.S. Govt. and got backstopped on just around 120 bln $ … following in the footsteps of Citibank … IMHO … this means TWO [...]

One day before the ECB meets, markets sell off as news about the financial sectors scare buyers away and bring sellers back as markets trade in the RED for 2009 … Today, Deutsche Bank surprised the markets with an early earnings report … record loss for Q4 … stock plummeted and still they are talking [...]

No ‘lasting’ recovery without more bank aid … STILL!!! Remember … yesterday, a big US Bank told us … 33% of the problem is solved … ONLY 33% … of the KNOWN problem AUTSCH!!! And as always … Ben Boy talks soothing BS … stabilization later in the year … YEAH RIGHT 2010? 2011? Later? [...]

We are back to start … all the gains gone again … Next days will prove whether the earnings are even worse than feared … I think YES … The OUTLOOK can’t be good … It could soon get quite UGLY … STAY TUNED PS … I might put on some charts soon … IMHO [...]

An old saying goes … “on its way to bankruptcy, a good stock doubles many times” Here have a look on an interesting article, I found on Bespoke Investment Group’s website … BTW … a highly recommended website … Check them out!

If you … after reading “The Budget and Economic Outlook:Fiscal Years 2009 to 2019“, the official estimate of CONGRESSIONAL BUDGET OFFICE … STILL think, that the equitiy market can go up, that interest rates will not rise soon and the US$ can sustain that … PLEASE start reducing your medication NOW To be honest … [...]

Here an article from Marketwatch, which I had to share with you

Adolf Merckle, once one of the richest Germans set a end to his life yesterday, as he was close to losing his “empire” due to lack of a disciplined approach towards trading in equities, namely Volkswagen. He should be remembered as a stupid and undisciplined coward, who left his employees and his family alone … [...]