Dow

[ananda77]

Not aware of any macro news that could come out to protect that SP500 mark. We're going through it this week ... The question becomes - how far? - Gut says - not much. If it's large then opportunities will surface.

...interesting that since the top in 2007, markets have been falling steadily despite all the efforts of governments and Central banks to turn the deflationary tide. That points to the fact that governments and CB's have NO POWER at all to do anything about it despite the constant BLA-BLA Artist Brainwash of the system press to the contrary

...and the latest fall in the markets lead by the fall of banking shares points again to the fact that market wants the nationalization of insolvent to the core banks despite the CROOKS' view that the banks should stay private and should be helped out endlessly by the tax payer

...SO FAR THE MARKET WINS AND MOST LIKELY WILL CONTINUE TO WIN

Favoring nationalization:

Alan Greenspan
Gordon Brown, UK PM
Senate Banking Committee Chairman Christopher Dodd
Senator Chuck Schumer
Sen. Lindsey Graham
House Speaker Nancy Pelosi
Republicans (some)
Joseph Stiglitz
Paul Krugman
Alan S. Blinder, Princeton
Nassim Taleb
Nouriel Roubini
Greg Mankiw
J. Bradford DeLong
Elizabeth Warren, TARP Oversight Panel
Dennis Gartman
Chris Whalen
Josh Rosner
Jeff Matthews
John Mauldin
Jack McHugh
Bill King
Matthew Richardson
Dylan Ratigan (CNBC, Daily Beast)
Jesse Eisinger, Conde Nast Portfolio
Martin Wolf, FT
Aaron Task (Yahoo Tech Ticker)
Paul Kedrosky (Infectious Greed, CNBC)
Nicholas Kristof (New York Times)
Mark Gongloff (WSJ)
Richard Parker (Newsweek)
Michael Hirsh (Newsweek)
David Reilly (Bloomberg)
Paul Vigna (Dow Jones)
Henry Blodget (Silicon Alley)
Willem Buiter (FT)
Adam Posen (Peterson Institute for International Economics)
Jeff Macke
Todd Harrison
Calculated Risk (Preprivatize the Banks)

Mark Thoma (Economistsview)
Karl Denninger
naked capitalism
Eddy Elfenbein (Crossing Wall Street)
Bronte Capital
Aaron Krowne Mortgage Lender Implode-O-Meter
Prieur du Plessis (investmentpostcards)
Roger Ehrenberg, Information Arbitrage
Felix Salmon
Interfluidity (Nationalize Like Real Capitalists)
Urban Digs

opposed to nationalization:

Ben Bernanke
President Obama
Tim Geithner
Lawrence H. Summers
Financial Services Committee Chairman Barney Frank
Republican Senator Jon Kyl
George Soros
Meredith Whitney, Oppenheimer
Deroy Murdock (NRO)
Larry Kudlow
James Cramer
Hale Stewart
Tyler Cowen
http://www.ritholtz.com/blog/

...if the bank insolvency problem and the CDS issues remain unresolved, the market will continue to provide the RIGHT ANSWERS...(see attachment)
http://www.atlanticadvisors.com/uplo...ree-fallin.pdf

Kind Regards