aaron smith explains singaporean super fund 

watch video link

Identifying market capitulation. Is this possible? Not really. Impossible. However  you can make a quantitative anaylsis.

 read link    *from CNBC by daryl guppy

As harrowing as the U.S. stock market’s plunges have been in recent days, they still haven’t been enough to trigger the “circuit breaker” mechanisms that result in an automatic timeout in trading.

The Big Board implemented the automatic halts after the stock market crashed in the late 1980s to force traders to take a break from frenzied selling. But even amid the massive losses seen in the market this week, the thresholds have yet to be breached, unlike in many other nations which have temporarily suspended trading multiple times.

On Friday, the stock exchange in Vienna was suspended until midday after stocks tumbled 10 percent at the opening bell, and in Russia representatives of the MICEX and RTS exchanges said they suspended regular trading until further notice under orders from financial regulators.

Indonesian authorities suspended trading indefinitely on the Jakarta Stock Exchange after they had halted trading Wednesday after the index plunged more than 10 percent.

The Dow Jones industrial average would have to fall 1,100 points in a day to trigger the first halt. Based on Thursday’s Dow close of 8,579, the threshold number to cause the market to stop on Friday would be 7,479. If that point is reached before 2 p.m., the market will shut down for an hour. If the threshold is breached between 2 p.m. and 2:30 p.m., the halt will last 30 minutes. No trading stops would take place if the plunge occurs after 2:30 p.m.

If the index were to fall 2,200 points before 1 p.m., the market would close for two hours. If such a decline took place between 1 p.m. and 2 p.m., there would be a one-hour pause. The market would close for the day if stocks sank to that level after 2 p.m.

In the event of a 3,350-point decline, the market would close for the day, regardless of the time.

The thresholds are computed at the beginning of each quarter to establish a specific point value for the quarter. The 1,100-point drop represented a 10 percent decline at that time; the 2,200 level, a 20 percent drop and the 3,350 level is a 30 percent drop.

The rules would halt trading on the major securities and futures exchanges in a coordinated cross-market halt if the circuit breaker is enacted.

article from CNBC.com

Stock analyst Roger Nightingale sugests if major economies such as Germany (DAX), US (DJI), France (CAC), UK (FTSE) were  to cut interest rates in a drastic fashion it will stimulate bank lending and infuse liquidity into the market. He also adds that they should be cut to 0% for a long sustained period of time to help everyday blue collar workers catch-up on credit payments .

watch video link  *from CNBC

Bill Gross’s comentary on the US banking crisis

read link * from Pimco

read link Hbos & Llyods talk merger *from BBC news

read link Fed braces Aig from falling *from AP news

watch link Raw fear hit stocks in Asia gold on the rise again*from reuters

watch link Lloyds to buy Hbos in $50 billion deal

read link Gold wall streets safe haven

read link Russia halts trading for 1 hr*from reuters

read link washington mutual is up for sale*from reuters

read link Thai PM stays on *from Bangkok Post

read link Thai scenarios *from BBC News

read link  briefly explains the supply demand scenario on price written back on 29th May    

read link another explanation on supply vs demand affect on oil price

read link oil may rise on Gustav disruptions?

read link uk guardian article is oil going back under $100?

read link opec’s news website

read link AP article oil fell before OPEC’s meeting on sep 9th

read link Brazil declines OPEC’s invitation

read link Tensions increase between the U.S. and Russia over Georgia *from CNN news

read link Hurricane disrupt oil reserves*from reuters