USA vecka 36

Citi Research Discusses a Dow Crash Scenario

The rocket scientists who put this together at the CitiFX technicals team looked back at 1987, 1990 and 1998. In looking at '90 and '98 here's what they say:

"1990: The Djia peaks on 17th July 1990 and turns. This is the start of a correction that takes it down 21.8% over 63 trading days over shooting the 200 week moving average by 0.5%
1998: The Djia peaks on 17th July 1998 and turns. This is the start of a correction that takes it down 21.6% over 31 trading days
2007: The Djia peaks on 17th July 2007 and turns. This is the start of a correction at a time when the 200-week moving average was sitting 21.50% below the peak."

http://buttonwood1792.blogspot.com/2007/08/citi-research-discusses-dow-crash.html

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

ubs har inte haft det så enkelt de heller. =) 

Om det är nu en stark marknaden varför säljer man med kraft innan börsen stänger...Varför ner candle och inte upp candle?

Senaste börsen agerande säger mig att nåt som inte stämmer...

Den enda tolkningen jag kan göra är det stora hajarna säljer...Och varför säljer dem om dem nu tror på en stark börs...

jag bara frågar och undrar?? 

därför att marknaden är skakig och man vill inte ligga med onödig risk over night. det tror jag gäller både stora o små. som jag skrev i inlägget innan. INGEN vet vart börsen ska, oavsett hur stor man är. 

du är bara baissad  =)

Furthermore, people will look back and say, "See, we weathered the great tech collapse of 2000, we got through the great liquidity crisis of 2007, we survived the subprime housing mess of 2007-08, so what's to stop us -- what's to worry about? After each crisis the markets of the world pushed higher. After each crisis the price of everything pushes higher. After each crisis, paper currencies buy less and less. To be prosperous and be wealthy is wonderful. Nothing can stop our path to greater riches."

http://www.investmentrarities.com/thebestofrr08-31-07.html

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

Att det kom in mer volym strax innan stängning är ju knappast konstigt, det är ju vid öppning och stängning den största volymen är under en handelsdag. Nu ska vi inte gripa efter halmstrån för att se det man vill se :) Dessutom, din tolkning att det är de stora hajarna som säljer...de är ju på semester...

Tycker också att det är lite konstigt , att det såldes så mycket sista 15 min o under väldigt hög volym. Var ju så i måndags med o alla vet ju vad som hände på tisdagen ....

Mvh silo

# 5

Det är inte alla stora hajar som är på semester... vad jag menar det finns få aktörer på börsen... dessa få har stora möjligheter att styra börsen än om alla är med.

Det är visst inte konstigt att man säljer  eller köper vid öpning eller stängning men att de säljar under höga volymer på en uppåt börs under sista minuterna är väl konstigt och märkligt...

:-))

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

Former Subprime Leader Ameriquest Closes

Ameriquest made a billionaire of its founder and chief owner, Roland Arnall, who is now U.S. ambassador to the Netherlands. He founded his company as Long Beach Savings in 1979 and built it into a major subprime lender.

For years, Ameriquest operated successfully alongside competitors such as New Century Financial Corp. and Countrywide Financial Corp.

But last year, ACC got caught by a wave of delinquencies and defaults that swept through the subprime mortgage market.

During the past year, the company cut thousands of jobs.

http://biz.yahoo.com/ap/070901/citigroup_acc_capital.html?.v=2&printer=1

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

White House Has It all WRONG On Subprime

I'm incensed. There's no other way to describe it. I called the White House, because after listening to the President's speech and reading the corresponding press release from the White House, I was confused, because of this:

"The "FHA-Secure" program will help people who have good credit but who have not made all of their payments on time because of rising mortgage payments."

Ok, well that's not subprimers, because subprimers by definition have poor credit or no credit at all. I asked the White House to clarify, and got the following email response.

http://www.cnbc.com/id/20533556

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

Feldstein Warns of Recession, Urges to Fed to Cut Rate to 4.25%

Lowering interest rates may result in a ``stronger economy with higher inflation than the Fed desires,'' a situation that Feldstein described as the ``lesser of two evils.''

``If that happens, the Fed would have to engineer a longer period of slow growth to bring the inflation rate back to the desired level,'' said Feldstein, 67, president of the National Bureau of Economic Research. Some investors speculated that Feldstein was a candidate for Fed chairman before Bernanke was picked to succeed Alan Greenspan.

http://www.bloomberg.com/apps/news?pid=20601087&sid=au8Ca.tahpMQ&refer=home


" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

IRX 3 monthT- bill discount Rate

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

The Real Causes of the Financial Storm

People looking at this crisis in isolation expressed relief that the Fed bailout seemed to have worked. But I find greater cause for worry. What we are seeing is a financial addiction -- to ever-more exotic classes of high-yielding assets to tempt global investors and then to the Fed's infusion of liquidity to keep the system from self-destruction. The financial world, you might say, is addicted both to the heroin of high yields and the methadone of the Fed's rehab program.

http://www.washingtonpost.com/wp-dyn/content/article/2007/08/31/AR2007083101534.html?referrer=emailarticle

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

SPX970 Du är så björn att jag nästan tycker synd om dig. :-)

Mvh Silicon Valley1

Inlägget är redigerat av författaren.

# 13

Jag tycker synd om dig för du har inte läst mina tidigare inlägg...

t ex USA vecka 35

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

Inlägget är redigerat av författaren.

SPX970 för det första så skojade jag med dig. Jag har läst det mesta det är intressant det du skriver. Men det slår mig gång på gång att nästan alla skribenter här inne antingen bara letar negativ eller positiv information. 

Jag tycker att det blir för lite balanserat att läsa bara negativa nyheter i en sträng. Det ser inte så nattsvart ut för börsen som du skall ha det till. För exempel så är börsen historiskt sett lågt värderad. Alltså marknaden har diskonterat mycket av de negativa nyheter som kommit den senaste tiden. Det måste sättas i relation till huruvida vi skall upp eller ned.

Mvh Silicon Valley1

# 15

Jag letar inte efter negativa nyheter men väl bra analyser och synpunkter... Och sen negativa nyheter behöver inte tolkas negativt...därmed kan positiva nyheter tolkas negativt.

Jag själv är inte intresserad av skräp artiklar. ofta lägger texter som har bra substans... för att man lär sig nåt... 

I sträng USA vecka 35 skrev den 25/08 att nasdaq möjligen kommer att förtsätta mot 2600 61,8% fib...

Att jag skriver att vi skall vända ner, är vad jag tror tills t: ex nasdaq etablerar sig över 2600.

Hoppas du förstår min synpunkt nu...

:-))

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

"Merrill Lynch & Co. cut its earnings estimates for regional banks, citing risks to economic growth.

Banking Index

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

July ISM manufacturing was reported to have slipped to 52.9% vs. 53.8%, and construction spending declined 0.4%.

STOCKHOLM (Direkt) Stockholmsbörsen stängde uppåt på
tisdagen efter att under större delen av handelsessionen varit
nedåt i en avvaktande och försiktig handel. Vändningen kom
efter att börserna i USA oväntat öppnat med stigande kurser
under eftermiddagen. Den plötsliga optimismen fick sedan
ytterligare förstärkning när statistik över de amerikanska
inköpschefernas index hamnade ungefär som väntat.

"Det var länge en trist utveckling på Stockholmsbörsen,
som var svag i förhållande till både övriga Europabörser och
USA-terminerna. Men efter att det öppnade i New York och
framför allt sedan ISM-statistiken kom in som väntat blev det
genast positivare. Det var antagligen just en siffra i likhet
med förväntningarna som marknaden behövde ha just nu", säger
en mäklare till Nyhetsbyrån Direkt.

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

1) To Our valued Customers and Employees

http://www.comunitylending.com/

2) Banks squeeze City cashflow in worst lending crisis since 1998

The interbank lending business has broken down almost completely ... Financial institutions are precautionary in hoarding liquidity because no one knows which losses might occur," analysts at UniCredit said in a note to clients.

http://business.guardian.co.uk/markets/story/0,,2162048,00.html

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

The FED's press release klockan 11:00 

For Immediate Release
September 4, 2007


Federal Financial Regulatory Agencies and CSBS Issue Statement on Loss Mitigation Strategies for Servicers of Residential Mortgages

The federal financial regulatory agencies and the Conference of State Bank Supervisors (CSBS) on Tuesday issued a statement encouraging federally regulated financial institutions and state-supervised entities that service securitized residential mortgages to review to determine the full extent of their authority under pooling and servicing agreements to identify borrowers at risk of default and pursue appropriate loss mitigation strategies designed to preserve homeownership.

Significant numbers of hybrid adjustable-rate mortgages will reset throughout the remainder of this year and next. Many subprime and other mortgage loans have been transferred into securitization trusts that are governed by pooling and servicing agreements. These agreements may allow servicers to contact borrowers at risk of default, assess whether default is reasonably foreseeable, and, if so, apply loss mitigation strategies designed to achieve sustainable mortgage obligations. Servicers may have the flexibility to contact borrowers in advance of loan resets.

Appropriate loss mitigation strategies may include, for example, loan modifications, deferral of payments, or a reduction of principal. In addition, institutions should consider referring appropriate borrowers to qualified homeownership counseling services that may be able to work with all parties to avoid unnecessary foreclosures.

The statement, which was issued by the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the Office of Thrift Supervision, the National Credit Union Administration, and CSBS, is attached.

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

STOCKHOLM (Direkt) Indexet över förtroendet bland de
amerikanska konsumenterna steg under förra veckan.

Det visar en undersökning från ABC News/Washington Post.

Helhetsindex för vecka 35, till och med 2 spetember,
uppmättes till -17, upp från -19 föregående vecka enligt
Bloomberg News.

Ett positivt tal betyder att antalet positiva svar är
fler än antalet negativa. Undersökningen omfattar cirka 1.000
personer./SP

                                 V35 V34 V33 V32 V31  V35 -06
Helhetsindex               -17 -19  -20  -11  -9    -15
Tillståndet i ekonomin -34  -32  -36  -26  -20  -30
Egna ekonomin            12   6     6     16   14   18
Köpstämning              -30  -32 -30   -22  -22  -34










" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

WASHINGTON (MarketWatch) -- Contract signings on existing homes fell by 12.2% in July -- the largest drop since the pending homes sales index started in 2001, the National Association of Realtors reported Wednesday. The index hit its lowest level since September 2001. The index had gained 5% in June. Pending sales are 16.1% below July 2006. A decrease in pending home sales was seen in all four major regions of the United States, the group said. In July, pending sales fell 13.1% in the Midwest and 6.6% in the South. Pending sales fell 20.8% in the West and 12.2% in the Northeast

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

# 0

Samma mönster igår... låga volymer sen puf sista 20 minuterna vände ner,,,

samma mönster som jag såg i fredags upprepade sig igår... 

Marknaden sålde sista 20 minuterna vilket är negativt ...vill helst se köparna tar över sista minuterna...

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

``The housing market is bad and is going to stay bad for some time,'' said Zach Pandl, an economist at Lehman Brothers Holdings Inc. in New York, who forecast a 3 percent drop. ``This number does not look good for existing home sales for August.''

http://www.bloomberg.com/apps/news?pid=20601103&sid=aKIJFr8sdIR4&refer=us

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

Mortgage Market Woes Takes Toll on Jobs

Through Aug. 21, the company counted 87,962 financial jobs lost so far this year. And that's on top of the 100,000-plus who were let go in 2005 and 2006. Of this year's total, 35,830 were in the mortgage business.

http://realtytimes.com/rtcpages/20070905_marketwoes.htm

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

STOCKHOLM (Direkt) USA-börserna handlades ned i
onsdagens tidiga handel, pressade av finansrelaterade aktier
och oväntat svag statistik över antalet kontrakterade husköp i
juli. Därutöver fortsatte spekulationerna om att kreditproblem
och ökade lånekostnader kommer att slå mot bolagens vinster.

"Sannolikheten för en lågkonjunktur har ökat. När
företag börjar missa sina vinstprognoser, och man ser att
vinstmarginalerna börjar krympa, tror jag det kan skapa
tillräckligt mycket rädsla för en ny säljvåg", sade en
analytiker till Bloomberg News.

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

``I am negative about the outlook for stocks and would not buy right now,'' said Alejandro Velasco, who helps manage $530 million at Banca Privada D'Andorra in Andorra. ``What worries me most is the upcoming earnings season. We still have not seen all the problems from subprime, failed debt investments and other issues.''

http://www.bloomberg.com/apps/news?pid=20601087&sid=acqAdon6PCHg&refer=home

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

 Fed adds $5 bln in reserves through 2-day repos

NEW YORK (Reuters) - The U.S. Federal Reserve said on Tuesday it added $5 billion of temporary reserves to the banking system through 2-day repurchase agreements.

The Fed said the collateral accepted on the 2-day repurchase was made up of $4.125 billion of Treasuries and $875 million of agencies. A total of $42.9 billion in bids were submitted for the 2-day repurchase

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

Economists divided on recession

Leamer said the Fed may have laid the groundwork for the housing bust and credit market turmoil by cutting interest rates too low earlier in the decade.

http://www.usatoday.com/money/economy/2007-09-04-jackson-hole_N.htm

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

STOCKHOLM (Direkt) Den förre Fedguvernören Edward
Gramlich har avlidit, rapporterar Bloomberg News.

Edward Gramlich var ledamot av Federal Reserve styrelse
under perioden november 1997 till augusti 2005, och har
därefter arbetat vid Urban Institute vid
Michiganuniversitetet, dit han också var knuten före sin
period i Federal Reserve.

Så sent som den 31 augusti argumenterade Edward
Greamlich för starkare skydd för bolåntagare för att förhindra
ytterligare en kreditbubbla om Federal Reserve skulle sänka
styrräntan.

"Hela den här subprime-erfarenheten har demonstrerat att
räntesänkningar kan ha vissa reala kostnader i termer av att
uppmuntra överdrivet låntagande", skrev Edward Gramlich i en
rapport som förberetts för Fedsymposiet i Jackson Hole. Han
kunde själv inte delta i symposiet på grund av sjukdom.

Den förre Fedguvernören led sedan en tid av leukemi./

Edward Gramlich, Fed Governor Who Urged Lending Oversight, Dies

``I was proposing that we do more intensive supervision of the subsidiaries and Greenspan opposed it, and there we were,'' Gramlich said in an interview in June, adding that the proposal never went to the Board of Governors after he submitted it to Greenspan. ``I was hoping that the Fed would be a leader.''

http://www.bloomberg.com/apps/news?pid=20601087&sid=aREkzGFdsxpI&refer=home

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

Beige Book

Fed's Report Says Economic Effect of Market Turmoil `Limited'

``Outside of real estate, reports that the turmoil in financial markets had affected economic activity during the survey period were limited,'' the Fed said in the survey, which concluded before Aug. 27 and was released today in Washington. ``Economic activity has continued to expand'' nationwide, the Fed said in the Beige Book report, named for the color of its cover.

http://www.bloomberg.com/apps/news?pid=20601087&sid=avGbxwWzINKE&refer=home

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

Optimism Swells on Technology Stocks
Is it wise to follow the growing contingent of tech bulls?

Barron's - "Tech -- That's Right, Tech -- Is The New Haven" - 9/3/07 (headline)

BusinessWeek - "Is Tech A Port In This Wild Storm?" - 9/10/07 issue (headline)

Schaeffer's addendum: As Abby Cohen said in the current issue of Barron's: "The consensus is not always wrong."

My corollary to Ms. Cohen's observation is: "The consensus is not always wrong, but following it will never make you wealthy."

I'd ask you to consider this corollary when reviewing the above headlines.

Bernie Schaeffer

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

The weekly figures from Investors Intelligence

 The percent bullish came in at 42.9 (versus 41.7 last week)

 The percent bearish registered 37.4 (versus 37.4 last week)...

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

SPX970: Vill bara passa på att tacka för dina strängar, det uppskattas att få korta sammanfattningar av diverse nyheter och analyser. Tyvärr är jag dålig på att trycka på "Bra inlägg" då det blir rätt många kommentarer. Men nu vet du att det är uppskattat i alla fall :) 

# 34

tack, det värmer mitt hjärta:-))) 

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

ABN Amro's Moute Cuts Stock Holdings on `Tip of Iceberg' Fears

``The current credit crisis is a serious one but it's the tip of the iceberg,'' Moute, 62, said in a telephone interview from his Paris office. ``There is too much complacency. It's probably more serious than the equity market is pricing in.''

http://www.bloomberg.com/apps/news?pid=20601109&sid=a_Khyl1WHKIY&refer=home

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

Is China quietly dumping US Treasuries?

A sharp drop in foreign holdings of US Treasury bonds over the last five weeks has raised concerns that China is quietly withdrawing its funds from the United States, leaving the dollar increasingly vulnerable.

...

"This comes as a big surprise and it is definitely worrying," said Hans Redeker, currency chief at BNP Paribas.

"We won't know if China is behind this until the Treasury releases its TIC data in November, but what it does show is that world central banks are in a hurry to get out of the US. They don't seem to be switching into other currencies, so it is possible they are moving into gold instead. Gold is now gaining momentum across all currencies and has broken through resistance at 500 euros," he said.

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/09/05/bcnchina105.xml

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

Money Market Squeeze Is Getting Worse, Barclays's Bond Says

``Lowering the overnight rate will not encourage banks to lend out more term money,'' Bond said in a phone interview today. ``Central banks are putting money in the wrong maturities, they should be supplying three-month money.''

http://www.bloomberg.com/apps/news?pid=20601009&sid=atsqN2Kk1hSk&refer=bond

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

U.S. crude supply down 3.9 mln brls last week: Energy Dept. 
U.S. distillate supply up 2.3 mln brls: Energy Dept. 
U.S. gasoline supply down 1.5 mln brls: Energy Dept. 

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

Många usa index bifinner sig under MA 50 utom Nasdaq...

 13,441.68 Dow.

1,487.20 SPX.

495.09 Utilities.

 5061.50 Transports.

 506.08 SOX.

Så bevaka den:  Nasdaq 2595.84

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

Och som jag skrev # 0

Och glöm inte att bevaka financials för att marknaden kommer inte lyfta utan dem...
 

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

Det var länge sen jag såg SPX på minus, medan djia och nasdaq på plus...

Vem som kommer att vinna slaget?? 

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

Lehman Brothers to Shrink Mortgage Business, Cut 850 More Jobs

By Yalman Onaran

Sept. 6 (Bloomberg) -- Lehman Brothers Holdings Inc., the biggest underwriter of U.S. bonds backed by home loans, said it will cut 850 more jobs because of reductions in the size of its mortgage operations in the U.S. and overseas.

Lehman's Korean mortgage unit will be shut down, while lending in the U.S. and U.K. will be ``rescaled,'' the New York- based firm said in a statement today.

Last month, Lehman announced the closure of its U.S. subprime-mortgage unit, resulting in 1,200 job losses.

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

Both Atlanta Federal Reserve President Dennis Lockhart and St. Louis Fed President William Poole are out with comments.

There are no signs of spillover from the housing and mortgage market woes into other sectors of the economy like consumer spending, Atlanta Federal Reserve President Dennis Lockhart said Thursday.

http://www.marketwatch.com/news/story/fed-feds-lockhart-housing-woes/story.aspx?guid=%7BEBDB1C75%2D2E72%2D4A98%2D99F9%2DE0D1A9A33320%7D&dist=hplatest

-------------

A note on Briefing.com reads - "Poole says Fed can't be slave to market expectations, says Fed shouldn't ignore market expectations however"...well said Poole - just don't slip and hurt yourself as you straddle that fence...

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

# 44

But in an earlier statement to reporters following a speech in London, St. Louis Fed President William Poole said the risks of recession have risen as a result of the market turmoil.

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

U.S. stock futures slip before payrolls report
Harley-Davidson cuts profit forecast; Greenspan sees '87 crash parallels

Alan Greenspan saying he sees parallels between the current situation and the stock-market crash of 1987.

http://www.marketwatch.com/news/story/indications-us-stock-futures-slip/story.aspx?guid=%7B69F38792%2D1967%2D49D4%2D8AFA%2D94E1963A1085%7D&dist=hplatest

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

What do traders want? As for the economic data, it boils down to a simple question: what do you want? Do you want: 1) weak economic data and a Fed rate cut, or 2) strong economic data and no rate cut. Most traders I talked to will take strong, non inflationary data over a rate cut; however most agree that to the extent the market is pricing in a rate cut, and it doesn't get it, traders will be disappointed and stocks may drop, at least short term.

The jobs report. This leaves tomorrow jobs data as the key economic report before the Fed meeting September 18th. There have been some signs of weakness in the employment trends recently. Very strong data will clearly reduce the chances of a cut; very weak data will revive the belief a cut is imminent. The worst case scenario for the stock market is a jobs report that is in line or just slightly below expectations; this will leave traders confused about the Fed's intentions and put more weight on the weekly jobless claim numbers. 

Mvh amco

Inlägget är redigerat av författaren.

Nyss kom hem och pricis kl 14.00 tänkte jag ... jag kommer absolut inte att bli förvånad om vi bara får 1000 nya jobb ...och vad blev det...

U.S. Employment Declines for First Time Since 2003

Employers cut 4,000 workers from payrolls, compared with a revised gain of 68,000 in July that was smaller than previously reported, the Labor Department said today in Washington. The unemployment rate held at 4.6 percent as almost 600,000 people left the workforce. Bonds rallied and the dollar weakened.

``The recession risk has certainly increased,'' said Zach Pandl, an economist at Lehman Brothers Holdings Inc. in New York. ``It definitely cements the case for a rate cut at the next Fed meeting.''

http://www.bloomberg.com/apps/news?pid=20601087&sid=aCXYoxOSr6zs&refer=home

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

 Greenspan sees turmoil similar to 1987: report

NEW YORK (Reuters) - Former Federal Reserve Chairman Alan Greenspan said the current market turmoil is "identical" in many ways to that which occurred in 1987 and 1998, the Wall Street Journal reported in its online edition on Friday.

"The behavior in what we are observing in the last seven weeks is identical in many respects to what we saw in 1998, what we saw in the stock-market crash of 1987," Greenspan was quoted by the newspaper as saying.

He made the comment on Thursday at an event in Washington organized by the Brookings Papers on Economic Activity, an academic journal, the report said.

Greenspan, now a consultant but who was Fed chairman from 1987 to 2005, said business expansions are driven by euphoria and contractions by fear, the report said.

While economists tend to think the same factors drive expansions and contractions, "the expansion phase of the economy is quite different, and fear as a driver, which is going on today, is far more potent than euphoria," the report said.

Hedge fund Long-Term Capital Management controlled $100 billion of assets in 1998 but collapsed in the wake of a Russian debt crisis, wreaking havoc in many derivatives markets.

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

TheStreet.com's James Cramer housing market revisionist

http://www.youtube.com/watch?v=Wk44peDjLjU 

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

The street, CRAMER och co  kommer närmaste timmarna att snack upp marknaden ... för att Fed kommer nu att sänka räntan....

Kommer dem att lyckas???

Än sålänge så håller jag fast på att nedgången är inte över och mer nedgång att vänta #0

Tills nåt nytt dycker upp...

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

STOCKHOLM (Direkt) Stockholmsbörsen föll under
eftermiddagen sedan oväntad nedgång i den amerikanska
sysselsättningen under augusti och vid 16-tiden var OMXS30 ner
runt 1,9 procent.

"Det finns en oro på marknaden för den amerikanska
ekonomin och arbetsmarknadsstatistiken brukar normalt sätt få
en stor effekt på börserna", säger Sven-Arne Svensson,
chefekonom på Erik Penser, till Nyhetsbyrån Direkt men
tillägger att den svaga siffran inte är någon direkt effekt av
den senaste tidens problem på kreditmarknaden.

Sysselsättningssiffran visade en minskning med 4.000
personer i augusti vilket var långt under analytikernas
förväntningar på en ökning med 100.000.

"Ekonomin fungerar så att arbetsmarknaden har en
eftersläpning på BNP tillväxten på mellan ett halvt och ett år
ungefär. BNP tillväxten var väldigt svag det första kvartalet,
endast 0,6 procent, och det kommer normalt en sättning som i
det här fallet sex till sju månader efter. Det är snarare en
normal utveckling så det var lite förvånande att marknaden
hade så pass höga förväntningar som 100.000", säger Sven-Arne
Svensson.  :-)))))

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

# 52

"Spekulationerna kommer säkert komma igång men Fed
tittar säkert på vilka sektorer som drabbas i sysselsättningen
och så vidare. Industrin hade till exempel en nedgång på
46.000 personer och det har vi inte sett alls något tecken på
i några produktionssiffror. Detta betyder snarast på att
produktiviteten stigit rätt kraftigt inom industrin. Man ska
inte övertolka en enskild månads siffra men i detta fall kan
det tolkas som att det är bra för vinstläget", säger Sven-Arne
Svensson.


" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

Nasdaq under MA 50 

Nästa är väl MA 20

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

Meanwhile, the former Fed chief, Alan Greenspan said in a speech to economists at the Brookings Institution in Washington, D.C., that incremental adjustments to the interest rate would not stop the process of a market bubble. He also compared the recent market turmoil to the situation in 1987, when the stock market crashed.

"The jobs data are saying the Fed has to cut rates, but Greenspan has come out saying it's not going to make a difference," said Mendelsohn. "There is a commodity play developing, which shows that that side of the market expects a rate cut."

http://www.allheadlinenews.com/articles/7008442366

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

Dollar Falls to Lowest in a Month Versus Euro on Payroll Loss

``It's the first clearly recessionary signal out of the economy, and a sign that the subprime problems have crept into the real world,'' said Boris Schlossberg, senior currency strategist in New York at DailyFX.com. ``We'll see a global slowdown led by a U.S. slowdown, and a moratorium on global rate hikes. The focus will begin to shift away from the notion of safe haven in the U.S. to the story of the U.S. recession.''

http://www.bloomberg.com/apps/news?pid=20601103&sid=al9OyPDzCKWI&refer=us

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

Bevaka dollar:-))

The New York Board of Trade's dollar index fell earlier to 79.841, the lowest since September 1992.

Guld över 700:-))

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

Bin Laden spökar

The Web site published a still photograph apparently from the video, which showed bin Laden looking older than in previously available pictures. However, a photo that Western analysts said accompanied the video announcement showed bin Laden's beard black rather than gray as in pictures from recent years.

Al Jazeera television said the footage, produced by al Qaeda's media arm, was likely to be shown within 72 hours.

http://www.reuters.com/article/topNews/idUSN0746402720070907?&src=090707_1516_DOUBLEFEATURE_focus_on_parents

" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970

#57 Fallande kil, positiv divergens för PPO. Kanske marginellt lägre botten, men sen blir det rally.

Gillar PPO och MACD, de enda  mom.indisar man behöver ;-) 

mvh

PS: Du som har AG-Pro kan kostnadsfritt testa min Rysslands-grupp.