Sunday, September 14, 2008

IS A CRASH UPON US? D HAS KEPT YOU SAFE!

**pssssssssttttttt NIK and SSEC GREEN? not selling off?? dollar off sharply 1.00 OIL under $100 !! SPX RED -42

http://research.stlouisfed.org/publications/usfd/page3.pdf parabolic attempt?



The problem is systemic. Bailouts and other government measures have minimal impact because they are not inciting heightened Credit expansion. (NOLAND) w/o expansion we have? contraction....and KOndratief W ! IT IS HERE

Noland...here is why ONE (coulda but) S NEEDED to wait and see....

"Perhaps Sunday we’ll read news of BofA acquiring Lehman – and perhaps the markets will rally big on such news. "

CNN
Goldman and Morgan: The anti-Lehmans


Wall Street on red alert11:16pm: As bankruptcy looms for Lehman, Fed and group of ten top banks expand lending to banks. Plus: Merrill and Bank of America close to deal. more
Bank of America and Merrill nearing merger

AIG plans sales to raise billions
A Lehman executive, who declined to be identified, told Fortune "this looks like the end."
Instead, Bank of America was reportedly in merger talks with Merrill Lynch (MER, Fortune 500), according to news reports. Both the Wall Street Journal and the New York Times reported that a deal, which could be worth about $40 billion, could come as early as Sunday night.
Hours before Bank of America pulled out, Barclays had abandoned talks to buy Lehman (LEH, Fortune 500), a source close to the situation told CNNMoney.com.
http://money.cnn.com/2008/09/14/news/companies/lehman_brothers/index.htm?postversion=2008091423



BDI crashing thru support ater support

Baltic Exchange Dry Index (BDI)Recent,
exponential average in red.


http://investmenttools.com/futures/bdi_baltic_dry_index.htm


NEXT CHART SHOWS A "cautionary tone???" do not deny its significance

Baltic Exchange Dry Index (BDI)
& Gold (gold)




wait and see, the HAIR GUY will be asking all kinds of dumbass qustions......then they'll make Roubini anchor....

If gold IS really taking off....and you might ask if not now whenever? and I mean to the MOON....buying tomorrow will pay off handsomely.

early morning extreme 1st move. Ill stand by it...maybe to 10:30 then rally try OR all out crash....if you are in CASH you are short....and should be ready on a decent signal to pick up the slightly less than mortally wounded

WELL said this weekend (religious read for me) Doug Noland...and even he expected a FED LEH MIRACLE AND GREEN ROCKETING SPX'S but spiraling downard crisis

here we go!

(Fortune Magazine) -- The sad fate of Lehman Brothers is a cautionary tale of what's gone wrong with Wall Street.
http://money.cnn.com/2008/09/12/news/companies/sloan_lehman.fortune/index.htm?postversion=2008091313

Lehman (LEH, Fortune 500) borrowed too much money, put too much of it into deals of dubious quality, and then insisted for months that all was well when it was apparent that all wasn't well. It's a sad fate for a firm once regarded as prudent and well managed.

BEAR BAILOUT BUT NOT LEH???????????????????


For example, last October, with the real estate collapse well underway, Lehman (in partnership with the Tishman Speyer real estate firm) paid a whopping $22.2 billion to do a leveraged buyout of a big apartment developer, Archstone.

another said

Six months earlier and five blocks away, a similar scene played out as Bear Stearns collapsed. Tonight I'm wondering how many more crash and burn nights like this Wall Street, the markets and our economy can take.

and

cnnad_createAd("840228","http://ads.cnn.com/html.ng/site=cnn_money&cnn_money_brand=fortune&cnn_money_position=728x90_top&cnn_money_rollup=business_news¶ms.styles=fs","90","728");

A Lehman 'bad bank' may be good
The key to a rescue of Lehman Brothers may lie in the government convincing healthier rivals to pay to isolate its bad assets.
By Colin Barr, senior writer
Last Updated: September 14, 2008: 11:48 AM EDT

As part of the frenzied effort to stave off a collapse at Lehman Brothers (LEH, Fortune 500), regulators are reportedly pitching industry executives on a new variation of an old theme: splitting the good assets from the bad, and placing the bad assets into a new company that will hold them until the markets turn up.

Baltic Exchange Dry Index (BDI)
& Crude Oil (red)



NOW PLEASE KEEP GoING AND READ THIS

To Big to Suffer a Loss: http://www.prudentbear.com/index.php/commentary/creditbubblebulletin?art_id=10111

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