Truemors
In the light of 700 bl$ bailout Dow unable to satisfied them.Global financial market still finding themselves in deep trouble.US lowmakers given their thumbs up to support the market now EU looking to play theis role.This is the massive crisis when inadequate or no cash situation for the institution is on their card,their advances has became bad debt and future is looks quite dark for their pockets.No one is looking to catch the falling knives but some day one has to understand that enough is enough now it is time to invest and open the cash for investment.It is the vertical fall and nothing fall vertically clearly we are close to bottom and from here onward we have to start our northward movement to make the world a safe finencial heaven.Entire Central Banks came for the resque so this is the best time for common investor to go for the bottom fishing otherwise it wil became to late to gain in the market.
The near-term fate of financial markets hinges on a series of crisis votes and meetings over the coming week on grand plans to revive dysfunctional global credit and banking systems.
European Union leaders meet in Paris on Saturday on plans to shore up ailing EU banks. Ireland's independent initiative to guarantee all its banks' deposits has upped the ante in Europe as it distorts EU competition rules and undermines the bloc's single market.
But jumbo fiscal rescues on both sides of the Atlantic and continued pumping of dollar money markets with central bank cash may be enough to stabilize money and equity markets as they await the onslaught of the Q3 bank reporting season later this month
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