Another one bites the dust … ???
Rumors fly as Lehman falls another 40% on WSJ article of higher losses …
CDS spreads for Lehman reaches the Bear Stearns k.o. level …
Rumors of today … this was the reason for the squeeze into the close …
- Lehman will be taken by Bank of America and losses backstopped […]

They really have done it … the FED and its friends will virtually take over Fannie Mae and Freddie Mac … this is HALF the U.S. mortgage market … WOW … we talk here about 8 TRILLION DOLLARS …
What will happen now???
First: ALL TRUST in the U.S. Government and the FED should be lost […]

If (!!!) you wondered, what made the market come back a bit today … what made bonds coming off … what made Fannie Mae and Freddie Mac tank towards the end …
Here is the explanation … coming in an article of the WSJ , the mother of all insiders
Monster manipulation … sizewise … […]

As the bounce keeps going …
FED prolongs its “flooding” of the market with liquidity until Jan. 31st, 2009
So, we have Govt. guaranteed banks for 6 more months … at least.
After Merill Lynch threw in the towel by selling their “toxic waste” … who is next … and what will be the next focus for the […]

Yesterday, I was looking for the 2nd leg of the bounce … seemingly … HERE WE GO
You need a reason? (I am a technical trader, so I don’t)
BUT
Rumour going around, that the NO SHORT LIST will have around 200(!!!) more stocks on it …
Incredible … hopefully, we don’t have soon the […]

Goldman knows best
Should be the new show on CNBC …
Just read … and then … don’t tell me, they will not use that inside track …
Goldman Sachs Group Inc’s Ken Wilson will temporarily leave the firm to advise U.S. Treasury Secretary Henry Paulson on how to resolve the country’s banking […]

Expiration week … means high(er) volatility and funny moves …
A good example was today … charts looked weak … BUT
in today’s world … the “ones who know” … have the power …
So what happened … Europe went bid … slowly … but steadily …
Then some fundamental news … again all weak … creating short positions […]

Don’t be afraid … I won’t have this as a daily column from now on
On the other hand … it could make sense …
Especially as all of Wall St. fights to survive the June Expiration and the Q2/H1 end …
Today … they created first a bullish chart set up for Europe … a […]