Wednesday, October 15, 2008

!?!

There are several things these days that makes me wonder:

- why the analysts that very few months ago were predicting an oil price of 200 dolars or even more, changed now the direction and predict an implosion of global economy? Is it by chance because analysts keep on watching movies like Armageddon and No country for old men? Can they for just one month switch to cartoons?

- why insiders buy stocks in Germany and Romania as they never did before? Didnt they hear from analysts that collaps is coming?

- why the romanian prime minister and president cannot stop the 50% salary raises voted by parliament? Does the prime minister finally understand that he was just a puppet all these years when he thought he is clever because he governs without 50% majority in parliament? I cannot believe that the prime minister and president are so so powerless.

- what will happen with the 8% salary raises requested by Ver.di in Germany? And then is Trichet finally going to give up with his bullshit about inflation worries, while everybody else is having collaps worries?

- why all the analysts put the baltic states, romania and bulgaria on the lists of countries with huge economical risk, but the actual countries going bankrupt seem to be island and hungary? What about USA?

Regarding the stocks, I think we will test again the last week bottoms. And as I know the finance guys, the support lines are going to be broken. We will have again one weekend to remember :)