JUST ONE WORD — PAYROLLS 13.30 GMT Have a good weekend already … Monday the real life may begin

October got out of the blocks slow and not too interesting … as many countries had holidays and everybody waits for the Bailout package vote and the October payrolls … All in all … before next Monday it is not investors but traders who move the markets. Be aware!

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 [...]

Difficult day tomorrow … a “half day” in America with Friday being a national holiday … And the markets are at the cliff’s edge … still balancing … but without any firm grip … What will we see??? – the third bounce from this level … which would be very rare? – a short lived [...]

We now seem to face the payroll denial after we had/have the subprime denial and the home sales denial … or is that part of the brain washing and the manipulation? The subprime denial … it started with a “contained situation” and a maximum(!) 100bln$ of POSSIBLE losses for the industry … The count is [...]

Are they aware that they lose their credibility? Ok, what happened today? On Payroll Friday? The day started out with losses in Asia and more problems on the credit markets. Some of the measure sticks of the liquidity problems as the ABX indices showed new record highs. So Europe started trading and falling and … [...]

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 [...]