Replies to post #477 on Deutsche Bank AG (DB)

[fromtheuk]

I think this is positioning ready for what will be disastrous earnings in a few weeks. As such I expect weakness with a test on the phycological $10.

When the banks failure is in the open what can they do ?

To big to fail... To big to bail... Do the Germans even attempt to rescue it?

Huge liabilities on its books
41 billion in Derivatives which could leave a 47 TRlLLION black hole.

Can’t even see how the bank can be packaged up and bought out. Who would want that in their books?

Warren Buffet called Dirivatives ‘financial weapons of mass destruction’

What a mess...

[nowwhat2]

About 8 trading days later it's around 11.50 -

Yesterdays' huge up-gap not shown.

Only the first of two up-gaps is shown !...

In other words, HUGE up-gap thru this down-trend-line


Monday July 9th : Today (Tuesday, it's 11.50)

Click on chart for larger view