DAX went back to 7000 and raised for 2,5 % today in a friendly climate. Received the EUWAX report of the day and Commerzbank statistics for index funds and future funds, the booklet is named ideas and it shows, that derivatives really are custum made for small funds, especially in Whu Zhi, the year of the rat.
DAB Direct Deutsche Anlagenbank connects with ING Baring in Mumbai and when they riot, who knows and when they buy ar EUWAX, job orders may be delivered 72 hours later.
These products are outsourced to India, we ask, what administration is effectively done in Frankfurt in connection to Deutsche Börse where elections took last week among the financial markets turmoil to analyse, which of the two biggest parties, separated by 4000 counted votes only will deliver in economic policy and financial market analysis.
We have the situation, that financial agents are located in one of 16 Bundesländer and living next we see only dependencies from corporate headquarters.
I smell a rat, they say so as long as they do not see me.
The fire today in Ludwigshafen may not come as surprise though 9 lives were lost. These are turn of the century 1900 quarters of workers of BASF, heating was with coke coal gas, locally produced gaz from coal and pipelines have not been renovated, say since 1900, about a century.
Still we do not know where the weak point is.
Chemical plants are challenges for security too, they working report of clinic Berufsgenossenschafliches Unfallkrankenhaus seems okay, it seems not okay, when five children die and four grown ups, it seems absolutely not okay when nobody knows where the money is to renovate these declining quarters.
It is a quality aspect of the subprime crisis and it is, naturally, a quality aspect when the index still is at 7000.
Montag, 4. Februar 2008
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