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China bails out USA but can we pay back?

Posted in Global Report

Clinton asked China to participate in the financial toxic waste treatment and buy treasuries.. as if China did not have enough on their hands buying industrial assets, but – when and how and with what will the US pay back? As China reaches out to buy another chunk of treasuries one cannot but be in [...]

Dow Jones Creepy Friday 13

Dow Jones plays Firday the 13′th creepy crawlies on the charts after an av eventful week of enthusiasm. With fading volume the week still seems to end strong. A full week of happy days, when did we have that last? This is a milestone, perhaps even a cornerstone foundation on a recovery path? I for [...]

Opening rally on Citibank profits false

Tuesday opens with a three digit rally on Citibank showing profits for the first two months of 2009. Play it but beware of the longer term, the Citi information may be a positive blink but drowns on the global map and can also in part be a reflection of accounting arrangements. This is a false [...]