hmmm … every day something to learn … Gaptrade went well, but merciless stopped out of long attempt … ends today’s activity as it is against the game plan … more than 100 points off from morning top … not caring for neither retracements nor other things … thanks Goldman … Trading Days – 3 [...]

If anybody was unclear, why the Dax did underperform yesterday … and continues to do so today … Goldman Sachs … the Masters of the Universe … downgraded the Dax to NEUTRAL … yesterday for them … today for their clients ??? Good for the clients … this time

Situation: U.S. Markets: up bigtime but facing first resistance … Carrytrade and shortcovering leading the way Asian Markets: up … Currencies/Commodities: Yen losing further ground against the Euro … Oil stabilizing a bit after losing 4$ yesterday Events: US … PPI, Retail Sales, Bernanke speaks Dax: underperformed yesterday … 7850 7830 should lend support today [...]

Nice move … have we seen the start of the next upleg of the Bull market? Yesterday selling until the bell … then … BoJ … no rate move and more or less the assurance to stay put for the time being … so we had nice reversals in Asia … Hongkong … and then [...]