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, […]

Only 3 days left to trade in Q1 …
What do we see?
Volume dries out … volatility comes down …
Bad news keeps coming in …
Today …
- a “profit warning” from Deutsche Bank
- an Oppenheimer downgrade for financials
- an Citibank settlement on Enron (expensive)
- the worst new home sales numbers in 13 years
- an Oracle “miss” after […]

This Friday is Payroll Friday … D-Day for the markets
Big move ahead!!!
Market seems to be finally ready to fall apart … but will it happen?
Dollar on record LOWS, Gold, Oil on record HIGHS … equities close to the edge …
S&P making a new 52-week-closing low.
Charts say SELL … Fundamentals say SELL … so fasten […]

Oppenheimer and Goldman Sachs bring the RED INK to the financials again.
Goldman might be oportunistic as it sees cuts for Q1 but does not really change the 2008 outlook by too much … You know … HOPE is important
They expect:
- Citibank to write off a further 12 bln$
- JP Morgan to write off […]

It is getting to the point, where you could laugh wholeheartedly if the situation would not be just too sad …
We face a major crisis in the biggest (still) economy on the planet. Stuffed with cheap dollars and recklessly low interest rates from Japan, everybody was happy to buy on credit, whatever it took, they […]