Tuesday, October 14, 2008

The plasticity of the DOW and Human Nature

1000 points up to make it look good
-suddenly all cries that subprime is over, dont forget that the crisis has just begun to unfold
-not that i want to stop u big guys from skinning a fat cat, u only find lipid accumulated beneath a thin layer of dermis.
-but the central bankers are buying equity stakes of banks, financial will lead but again how long before another lehman strikes, 
-bonds and treasuries risk are higher than before, even the ever safe municiple bonds are now deemed as Financial WMD
-dollar have weakened and the pound & euro is strenghthening,
-if one had collected gold as i instructed with a sound mind and doing some home work, one would be a bit well off
-mortgages are still around to be foreclosed and defaulted.
-By next year march, the bankers have to repay the loans
-Central bankers are tapping ever tap and pipe they have until the drought starts,
-Euro cannot buy treasury papers, so it is good and bad if liquidity is  a problem
-the japanese wishes to start their domination plan again like WW II, they used the bicycles now they are riding the bicycle notes to the top rank IMF bankers
-Oil has rise in tandem with the yen and euro.
Take a birds view before jumping into the market, there will be more calls in the market but i'll be the maverick to pUt them .

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