with Oli | Strategies


Archive for Februar 20th, 2009

BoA and Citi to finally fall??? (ChartingStocks.net)

Freitag, Februar 20th, 2009

Interesting piece of thought …
ChartingStocks.net
As it is by far cheaper to nationalize both banks than to keep putting money in the black hole … it might be DUE …

The BEAR growls …

Freitag, Februar 20th, 2009

Today is expiration day … and yesterday the Dow Jones closed at a NEW LOW, confirming the bear market.
A lot of main indices (S&P, NQ, DAX) still in denial, but should follow soon.
Here a fine quote of Richard Russell, editor of Dow Theory Letters:
“With a great bear market [now] in force, we’re forced to think […]