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Technology Stocks : Max90's LINK STORAGE to stock quotes -- Ignore unavailable to you. Want to Upgrade?

To: rubbersoul who wrote (3629)	11/8/2008 1:06:06 PM
From: LTK007	Respond to of 3906

i would't be so sure you are going to be mauled. The FLOOD GATES that opened as redemptions hit Hedge Funds that may have played out by now. TSR went 4 weeks with a QANTS list(their list changes by the week) put out a list of 8 this week. Their QANTS are tabultated via 4 computered services to subcribe two and they take the consensus best from the 4 QANT systems) Regard the G20 meeting this weekend it seems to be just preparatory(see attached article) in forming strategy that they will be demanding specific action from U.S.. The U.S. is does NOT like being told what to do---it will be interesting come Nov.15. But i feel the Nov15 meeting will come out with all sorts verbiage to ignite and MASSIVE SHORT SQUEEZE on the 17th. i will am thinking of taking 20% of my cash and take a flyer on DDM before the 14th. i do have a possibility of 720 before a sustained rally.But that is ONLY one scenario. i would very surprised it we had a big gap down on Monday, there would have to be some catalyst. You do have PWG/PPT at work trying to control overnight futures.As i have said this is No Secret. The Working Group has been going 24/7 since this crisis commenced, we have been told this, Paulson shouted this out to ASSURE PEOPLE they are doing anything they can to hold this market together. And futures manipulation is their most cost effective method. Just to show how NOT a secret this is, here an article where Bulgaria is calling for a the European Working Group to Join with the U.S. Working Group, in a coordinated effort to hold and then rally markets. i repeat the bottomline MANDATE to PWG/PPT "To do ANYTHING to stabilize the market" i, as usual, add my sarcasm, to people that INCREDIBLY don't grasp the existence of tis now 24/7 active group, i simply to them ask "Which part of of 'ANYTHING' do you NOT understand?" Brussels EU summit: Bulgarian PM calls for EU – US working group on global financial crisis 13:22 Sat 08 Nov 2008 - Clive Leviev-Sawyer At the latest of a series of summit meetings of European Union leaders held to shape a shared plan on overhauling the global financial system, in preparation for the forthcoming G20 summit, Bulgarian Prime Minister Sergei Stanishev called for the establishment of an EU-US working group to deal with the crisis. Bulgarian-language media reports from the November 7 informal meeting of EU leaders in Brussels quoted Stanishev as saying that in recent months the EU had emerged as the leader in dealing with the crisis, noting that efforts by the European Central Bank and by European countries had been more effective and swifter than those taken by the US administration. The informal summit was held at the initiative of French president Nicolas Sarkozy, whose country currently holds the rotating presidency of the EU. His aim in holding the meeting, he told reporters ahead of the gathering, was for all opinions to be heard so that the EU could work out a common plan before heading to the G20 meeting in Washington on November 15. Speaking before the November 7 meeting, German chancellor Angela Merkel said that what was needed was a programme that drew on the lessons of the current global financial crisis to prevent a repeat of such a crisis. Edit: Hah!!!!!!!!!!!!!! That is like saying after all the Four Horses of The Apocalypse have fled the barn and are galloping free "Ah i think we need a plan to close the barn door!", sort of PATHETIC, no??.Max) Discussed at the meeting were detailed proposals tabled by France for revamped supervision and regulation of financial markets and institutions, drafted after a meeting on November 3 and 4 of EU finance ministers. The French plan includes a stronger role for the International Monetary Fund (IMF) in supervising global financial systems, surveillance of credit ratings agencies and caps on excessive risk-taking. It appeared after the meeting that there was support for the French plan, notably on the view of the future role of the IMF. The EU is asking that a further summit be held within 100 days to review progress. News agency Reuters reported that US officials were circumspect about setting a timeframe for action. The Washington Post said that it appeared that the EU wanted to pressure the Bush administration not to defer firm action to the Barack Obama administration that will take office on January 20 2009. Notably, when the 100-day deadline expires, Obama will be US president. Sarkozy, speaking after the Brussels meeting, said: “Everyone agrees on the absolute necessity of co-ordinating economic policies in Europe. Co-ordination does not mean that everyone has to do the same thing because we are not all in the same situation, but what it means is that we should be moving in the same direction.” Finance ministers and central bank heads from the G20 group of economies are meeting in Sao Paolo this weekend to prepare for the Washington November 15 summit of G20 leaders. Wire agency Bloomberg said that the G20 officials would press their European colleagues to join a co-ordinated stimulus plan to tackle the impending recession. The G20 group of economies is made up of 19 major developed and developing economies Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the UK and the US, plus the EU as a member in its own right. UK prime minister Gordon Brown has endorsed an IMF call for co-ordinated action against the global financial crisis, and with Merkel, is reported to support the call for concrete measures and a set timeframe to be decided in Washington on November 15.>>