Bears still in command …
Dienstag, Oktober 21st, 2008No change … bears are still in the market’s driver’s seat
Lehman CDS settled … no big damage … but no bounce
Another FED program to stabilize the market … no effect
Why?
- Still redemptions hit the hedge funds and others.
- Deleveraging continues.
- Emerging markets keep imploding … today Argentina.
- Quarterly earnings are not good enough to get […]
