Martes, 13 … Tuesday, the 13th??? … in spanish speaking countries this has the same meaning as Friday, 13th for us …
Markets once more under pressure especially in the last hour … it seems like a FORCED closing of positions … YEN squeeze related? Carrytrades unwound?
Tomorrow Dax seems to lose its uptrend … we closed […]

Are they taking profits??? Squaring positions???
Financials squeeze … Techs lagg … Dollar, Oil, Gold all down … Dax laggs Eurostoxx … Asian markets suffer most … I will watch that
Another up leg in the making? Happy X/mas???
Let’s wait and see …

How boring … as always if the U.S. markets are not in full swing …
First 2 hours formed a bullish engulfing … but no real follow through … Dax moved sideways … just made 1 trade today … playing the flag (long) … cut only 13.5 points out of the market … not much … […]

Situation:
U.S. Markets: down heavily, especially in the last 30 mins. as reversal attempt faded … Financials tried a reversal but not very successful on renewed subprime fears, Tech hammered as interest rate cut fantasy goes out of the market
Asian Markets: Japan down on firm Yen … rest of Asia … “profit taking” (-4%)
Currencies/Commodities: Dollar hits […]