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 … after virtually halfing yesterday […]

Confidence crisis spreads!!!
HSBC cuts credit rating of Lehman, Goldman and Merill …
At the moment …
LEH … down 33%
MER … down 15%
GS … down 9%
C … down 8.7%
BAC … down 5.5%
MS … down 13%
UBS … down 11%
JPM … UP 1.26% … I think because of short covering in BSC
BEARnanke … helpless as always […]

After the quick disappearance of Bear Stearns … 2(!) $/share … WOW
Now market rumours concentrate on Lehman Bros.
Today’s news is that Southeast Asias biggest bank, DBS sent internal mails to its traders, asking them NOT to enter into new trades with Lehman.
AUTSCH!!!
In the early morning, financials get hammered so far …
BSC trading around […]

Monthend is close … AND QUARTEREND for some of the “finest” institutions on this planet
Goldman Sachs, Lehman, Morgan Stanley and Bear Stearns all celebrate one more quarter of financial SURVIVAL
My respect
Hopefully the Ambac story came not too early for them … as most analysts already found out that it […]

Welcome to the hopefully exciting year 2008
Situation:
U.S. Markets: Very weak Friday after a very weak week. Question is: As today most people return to work, will this harsh move to the downside confirmed or did we only see wak hands selling and now … as it is “cheap” we see buying??? Bonds and […]

And the name of the game is still … FADE THE FED … markets lost faith into Bernanke and his brotherhood … so … they SELL … Lehman figures out … 1st look good … second look … autsch … so stock trades down some 4% …
Easy to trade markets … are different … Let’s […]