Markets keep trying …
Markets keep trying EVERYTHING to avoid the well deserved SELL OFF
Today … after facing danger falling or jumping off the cliff … Japan did it by falling around 4.5% … risk aversion trades … yawn
Europe answered with its “proven” method of “gap and squeeze” … yawn
The “news” which kept the markets running … a FED meeting … with rumours of another emergency rate cut … yawn
The FED and its favoured TV station CNBC
had to explain, that it was nothing unusual … but anyway … it helped … yawn
So all in all business as usual … yawn
Financials hammered … yawn
Old leaders like GOOG, RIMM, AMZN, AAPL hammered … yawn
Indices not really changed due to metals and oils running north … yawn
So I better go to bed now
But be aware … the next move is around the corner … HUGE MARCH EXPIRATION is lurking …
