A day … torn between the ambivalent news over the last days … still having upside power form last week and start of the new month … but negative news keeps coming in … correction of the correction … Goldman downgraded parts of Europe … sees 16% risk for UK … so … we were [...]
Situation: U.S. Markets: Finished Friday mixed, Techs down on Goldman downgrade … despite last weeks rally, November still was the worst month in 4 years … showing losses of more than 4% , Nasdaq even close to 7%. Asian Markets: Mixed, China railway dissappoints as it jumps only 56% above IPO price … funny people [...]
My thoughts for the start of the first week of December … Markets made an amazing recovery from the … technically spoken … point of no return … so the question remains, whether we face a correction of the correction … one more test (even successful?) to the downside … or more follow through to [...]
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