Please be aware, that Goldman finishes its Q2 end of the month … and if I’m not mistaken, Lehman and Morgan Stanley as well … SO … in the case you wonder, why Oil is flying and stocks are leaking … Think about, who could be behind the move? Guessed it? You said GOLDMAN??? You [...]

Goldman hikes their forecast for the average price of crude oil for H2 2008 … from 107 to 141(!!!) $ … If they are right … equity markets should suffer BIG time … Even if retail sales rise … on gasoline sales Reason for the Goldman action is higher demand from China due to the [...]

Not only me After technical targets were reached, selling set in … WHO? YES The ones who “know” … PPT was rumoured to sell the rally, using demand from underinvested HF’s … Funny … but true … Now they hide it behind the Goldman OIL story and the UBS statement, that MONOLINE WRITE OFFS MIGHT [...]

Or … in other words … much money … no brain The facts … of today only … -UBS … dissappointing figures … even after very weak expectations … says … MORE WRITE OFFS … sees MONOLINE induced ones … AUTSCH -FNM … worse than expected … but positive talk despite their view, housing market [...]

After the negative surprise of GE … especially after they mentioned that they got hit within the last 2 weeks of March … due to the Bear Stearns turmoil … We start to understand, why the financials start to move on to clean up their act … at least a bit. And it seems to [...]

We are still stuck … Market can’t rise, doesn’t want to fall … BoE lowered rates and ECB kept them unchanged … as expected WalMart guided higher … as Americans buy on the cheap as they face problems. Dupont guided higher … on exchange rates. Intel got upgraded … At least something. But as problems [...]

More positive signs show up for the market … Could mean that we have seen at least an intermediate BOTTOM. 1. We confirmed and held the January low. 2. A BIG name (Bear Stearns) went belly up and we still held up. This often marks the turning point. 3. Lehman stock price was able … [...]

Copyright by Tradestation The “white raven” … Goldman Sachs … known as Helicopter Ben’s troops Even them are bleeding … lost so far around 50% of their gains since the market bottom of late 2002 start 2003 … remember … DAX was below 2.300, the S&P below 900 …