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 persist, highlighted by especially Goldman Sachs […]

Message understood … “they” are really worried …
Who is “they”?
The FED, the Government, all the (investment) banks who fight for survival.
They fight for every(!) single day, they can hold the markets up. This might end in desaster mode …
Today’s news was:
- Gulf investors see more capital needed to save Citibank
- Intel cuts outlook
- S&P […]

Situation:
U.S. Markets: Markets plummet, especially after the close on Intel earnings miss. (pls. read here)
Rumours say, FED is holding an emergency meeting today! Rate cut???
Asian Markets: Japan drops again more than 2% on Yen strenghth. All of Asia down between 2% and 4% (Hongkong, which lost now close to 20% from the top).
Commodities/Currencies : […]

Earnings reports again …
Citibank … secured financing and numbers rather better than feared … outlook not overly optimistic = down 8.4%
Merill secured financing = down 6.4%
IBM had stellar figures yesterday, so today back to the roots = down 3.48%
AAPL Mac World Address of Mr Jobs very positive, but lacked the CHINA word = down 8.38%
INTEL […]