Rebuilding the collapse Wall.

Helicopter Ben firing of his salvo on the 11th Dec has sent a wrong signal to his top-guns resulting in cluster bombings of Wall Street with huge debris of hard rock crumbling dow to its knee.

The top-brass will be gathering again tonight to plan a strategy for Quadraple Witching Day-3 more days to go.Very well syncronised timing.

yeah!!! the Fed's Board of Governors when it gathers in Washington tomorrow 10.00am (ET) to respond to the collapse in the market for subprime home loans will make it harder for lenders to charge fees for early repayment of subprime mortgages.

So, what are good news in store? 1)Four new requirements for lenders & 2)They may also set two new standards for disclosure.

Congress last week also gave final approval to legislation that would expand the ability of the Federal Housing Administration to insure mortgages for more subprime borrowers, sending it to President George W. Bush for his signature.

Tracking the Dow on Mon ,17/12/07.

The opening bell bears were more tamed and not so unruly.It has finally completed the race going down Devils Hill at Wyoming. (http://www.wyomingtalesandtrails.com/devilstower.html) At the closing bell was a bullish hammer of the bottom,pairing together with the Long Black Candlestick it has formed the :Morning Star

It's countdown to "Quadraple Witching Day"-3rd Friday of the month.Positive news by the Feds will result in short-covering by the big boys to play the upper shadow of Dec 12,candlestick.

The Dow index has completed wiping out the whole of December gain near to its low just by another 19.02 points to go but never.Most of the international financial markets have also followed the same chart pattern of Dow.

Watch List:-

1.) ONMC - Continued Momentumhttp://finance.yahoo.com/q?s=ONMC.PK "AQUAGOLD" branded premium Canadian Spring Water is presently being shipped into China

2.) XSNX - Volume Alerthttp://finance.yahoo.com/q?s=XSNX.OB XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules.

3.) DLII - Momentumhttp://finance.yahoo.com/q?s=DLII.PK The Dixie Lee brand name started with the opening of the first Dixie Lee Chicken & Seafood restaurant in 1964 in Belleville, Ontario Canada. Building on an old Louisiana chicken recipe, the Dixie Lee name has grown to include subsidiary and affiliated companies accounting for more than 80 branded restaurants open and more than 20 in development.