What could keep us from new lows? IF :)
As the situation IMHO is absolutely clear … We will hit new lows in equities
I try to think up a scenario, which could prove me wrong …
I found one … and only ONE!!!
As we could read over the weekend, the big industrial nations … thanks for the hint Mrs Merkel … agreed on NOT letting fail another major bank !!!
So … my scenario … to avoid new lows … is:
If we have a lot of banks, being LONG … knowing, they can’t fail …
they just could keep buying … “thinking” …
WHO cares, whether it costs me/us 1 or 2 or 10 bln $ more …
I just buy … if it keeps going down … all of us are dead … if it goes up … I am the king because I bought 
As lousy as it is … I personally have LOST all my FAITH into this society.
Thanks to Ben Bernanke and his “friends”.
Tags: Bernanke, manipulation, outlook, stupidity
