As markets change directions every “five minutes” without a reason and we have Thanksgiving ahead … today “half day” in US, tomorrow closed, Friday half day as well … I decided to invest these days into some research Monday maybe Tuesday, we try to squeeze the lemon again … Don’t get me wrong … yes, [...]

Nice but brutal shortcovering … very good volume … Bad figures from Freddie Mac … plummeting Northern Rock, Ericsson guiding lower??? Nobody cares … as FED rate move seems to be assured … Let’s see … played the long side … stopped … short side … stopped … and then twice long … earning a [...]

Situation: U.S. Markets: Lost more than 1.5% till the closing bell … then up … on good HWP figures, an Asian turnaround and short covering ahead of the FED minutes and forecasts. Asian Markets: turned around losses of up to 3% on shortcovering ahead of the FED Commodities/Currencies : Yen turns around to weaken a [...]

Monday … a lot of news to evaluate … not too good … Dax was not really able to rally … so it was a bit tricky to enter … same thing in the afternoon … 2 trades … both short … one 20 one 15.5 points … could have been better … Trading days [...]

Situation: U.S. Markets: Up small on exiration … as Fed and Thanksgiving loom, bounce attempt? Asian Markets: mixed to small down … waiting on the FED Commodities: Euro a touch weaker esp. against Yen Events: US … NAHB housing index … late in the day only … Europe … Dax still facing downside pressure … [...]

- All eyes on the FED … Tuesday will be the first time the Fed will use its “new” communication tool … forcasting for the next 3 years instead of 2 (if I remember right, they sometimes cannot foresee 2 weeks) … having each member forcast 4 indicators … then cut the highest 3 and [...]

As it is Friday … expiration … and we had a long range day yesterday … which calls for a highly insecure environment … so … just 1 trade today … early on after establishig a top … short … and as we had the Eurostoxx not confirming … trailing stop knocked us out at [...]

Situation: U.S. Markets: sold off on revived fears that subprime and CDOs problem bigger than “thought” … analysts are soooo intelligent … bounced a bit in the last minutes related to today’s expiration. Asian Markets: selling off as well … with Hongkong taking the hardest hit Commodities: sideways Currencies : Yen strenghthens again Events: US [...]