Still investors cover their short positions before a weekend as manipulation could strike … But at the end … news is becoming worse every day … so market seemingly has no chance to foot a longer lasting recovery … As only small banks go bankrupt, the bigger ones get nationalized … Freddie Mac is about [...]

Just have a look on this list … SCARY!!! AUTSCH!!!

Keep on whisteling … DUCK AND COVER … After Bloomberg filed a lawsuit to get information from the FED, to whom they are lending its 2 TRILLION $ loans … Some people cared, listing the so far agreed “bailout sums” … Yes, $3.45 trillion has already been spent, as Bailoutsleuth.com details: $2T Emergency Fed Loans [...]

DECLARATION ON A CONCERTED EUROPEAN ACTION PLAN OF THE EURO AREA COUNTRIES 1) Financial systems contribute essentially to the well functioning of our economies and are therefore a necessary prerequisite for growth and a high level of employment. Millions of depositors have trusted their wealth to our financial institutions. The consequences of the current financial [...]

How many announcements can one weekend bring??? I just try to list the NEWS (not necessarily in order of importance): – German Bailout Likely to Be Over $400 Billion, injecting capital into banks and even guarateeing interbank lending – Euro-zone governments to issue guarantees and insurance, to buy stock in needy companies, to issue qualifying [...]

October got out of the blocks slow and not too interesting … as many countries had holidays and everybody waits for the Bailout package vote and the October payrolls … All in all … before next Monday it is not investors but traders who move the markets. Be aware!

Is a bottom possible??? REALLY??? I think, yes … Why? Here my thoughts … as you know me … a list … not necessarily in order of importance – The reason for the financial crisis is not the housing market, but the STUPID overleverage – House prices are back on a reasonable level, pressure still [...]

Not ONE single weekend without bank failures … Respect This weekend … U.K.’s Bradford and Bingley gets … so reports … taken over by the Government … Parts of it might be sold off to HSBC and/or Santander of Spain … In the U.S. … rumours say, that Wachovia will be sold by Monday morning [...]