Market meltdown continues …
Why keeps the market falling?
1. No short sellers have to cover
2. As long as none of the announcements is implemented … nobody buys …
3. Nationalization of financial companies equals LOWER prices as equity will be diluted …
4. If you “jump out of the window” … you don’t show up […]

Despite all central banks and Government MOVE now …
so far nothing helps …
WHY?
- No short sellers have to cover
- Who jumps out of the window, does not return
- No confidence still as everybody waits for implementation rather than announcements
- Earnings season started and everybody is afraid now
- Paulson said today, more bank failures to come, […]

As Fed and European CB’s still fumble around …
market melt down continues … Dow and S&P closed below their “round” levels …
Panic mode … no brain … just getting out of positions … deleveraging …
An old bear market saying is:
Today’s bids are tomorrow’s offers … B U T
Volkswagen did it the other way today […]