Well guys I just heard a debate on our tv about economic crisis and the need to solve it.

These guys are far from optimistic for near future and we will get out but at a much slower pace then we think.Now the blow of the crisis is coming to Europe .More and more and today once again the zinc producer Nyrstar stops his activity for a half year at least .To much stockpile today.

One of the speakers said the way of consuming like in the US with money that people don't have at the time has driven the companies and stock markets to highs which where ridiculous.The top of these companies including banking sector has filled their pockets on a very irresponsible way .Normal banking sector had to cover up the credits but instead f that they played the game on the stock markets and had lost control which explode in their face and with them throw the rest of the companies down.You can't simply not keep on buying with money you don't have .

So now the will that governments take control and help them out of the deep hole which government wasn't not responsible for.

So it is evident that they learned a big lesson and the easy way to gain on stocks will be over .So to conclude this will be solved very quick is a mistake.If we here had to see the effect from the crisis cause houses right here are still sold at a high price but now there are talks about a slowing down in housing building.So that will cause same effect like overseas with ore losses of jobs to face near term.Will that support demand for commodities ?For oil maybe we can stay around 50 as a bottom but I don't see a big rise coming and if we have one it will drop later .

If Obama together with other nations worldwide lance a shock effect action we could see some reaction on stock market.

They must convince consumers who are now staying at the sidelines for buying products like cars or other they can miss by actions like in the UK by lowering tax to buy now ,knowing they could do a nice deal because tax cut is limitted.A Mercedes dealer here said he lost about 15 % in sales last months.

Maybe I'm some pessimistic but that's the news we hear .So if we hear a good announcement of a plan we could have a rally but will be short lived IMO.

It looks they block again the sp of CLL today and it will be a small green candle .