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nesselsdorf1187 (98.96)

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Swan song of the rally

August 18, 2009 – Comments (3)

I heard recently in my job that volumes have been sharply down in the July. That's adding to my previous thoughts on prolonged economic downturn.

As for the timing - my guess is Rally has come to its end. This week and next one will turn sharply lower. And this will continue for September and October. I am willing to bet my a$$ on it.

I see more financial and industrial trouble coming in October too.

 

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Real estate

August 09, 2009 – Comments (1)

This week Fannie Mae reported another huge loss. Was it that 3.94 percent of its mortgage holding are in serious defaulting.  [more]

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Future development

July 19, 2009 – Comments (0)

Hi to all and thank you for reading my blog.  [more]

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Is it just my imagination or .... ?

July 09, 2009 – Comments (0)

... is the Western democracy becoming more buerocratic then ever?

Michael Jackson died living, his problem wasn't his health but his ill self-image. Resemblance to the state of economy of U.S. and most of Europe's countries, is not far from what got him. Sounds interesting to you? Read on.  [more]

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Expect big drop again

April 13, 2009 – Comments (1)

I think market plays currently up&down game with us and since I assume this is a bear market we're experiencing correction up is coming to an end. Because ... ok my understanding is basically markets are analog to coinflip and since for the sixth week we're climbing up, how many times do you think heads will be revealed again? And by the way one week could erase those six weeks of gains like nothing. I watch out for April, May down and then buy again.

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