Friday, September 19, 2008

My commentary on financial markets

This is crazy.
Are you communists?
Well, so print it out and wear it on Monday:

Photography stock.xchng

Saturday, September 13, 2008

Black Monday coming?

Financials are in a very bad condition. Socialism is not a solution. I hope it will not end up as a Black Monday again. Big guys keep indexes high. It`s a tricky game and may have disastrous consequences. Stay alert! Don`t let them deceive you.
I think cash is still better. However, I don`t trust $ very much. What is its real worth?
Well ...

Sunday, September 7, 2008

Fannie Mae - 21,88%, Freddie Mac - 20,78%

After closing NYSE a really bad news about Fannie and Freddie was announced and both companies plunged in after hours trading.
I hope FBI guys are working efficently.
Maybe it`s coincidence that it was announced late on Friday, maybe not. It might explain such a rapid sell-off on Thursday. Who makes big bucks on short positions?
Well informed bad guys.
I hope I`m wrong but I don`t like manipulated markets. Rememeber Bear Stearns and timing? Same pattern here ...