Expiration week … means high(er) volatility and funny moves …
A good example was today … charts looked weak … BUT
in today’s world … the “ones who know” … have the power …
So what happened … Europe went bid … slowly … but steadily …
Then some fundamental news … again all weak … creating short positions […]

Just some figures, hopefully NOBODY can explain and/or justify …
They should give the money to charities … it is a scandal as they proved to be worthless to their shareholders:
John Mack (Morgan Stanley) … 2007 earnings … 41.7 mln $
John Thain (Merill Lynch) … 83.9 mln $
Vikram Pandit (Citibank) … 105.16 mln $ … (I […]

Don’t be afraid … I won’t have this as a daily column from now on
On the other hand … it could make sense …
Especially as all of Wall St. fights to survive the June Expiration and the Q2/H1 end …
Today … they created first a bullish chart set up for Europe … a […]

Every day … the PPT tries to hold the market … whenever they see a chance, they bid aggressively … sell into the short squeeze … but still they are not too successful …
Today … a good example …
In the morning … bidding the market up on 2 reasons …
- a good feeling that […]

Why does the market makes me smile?
Because it is falling? NOOOOO …
The reason is the difference about real reasons … and what the media tells us
Here comes the last example …
Last Thursday, markets were squeezing higher and totally ignored the bond insurer downgrades …
Since then … without being recognized in the media … […]

ECB and FED are afraid … they talked the truth … at least a bit …
The market reacted … that made them scared … them, the stupid cheerleading manipulators
Now they start again talking markets up …
- We said SMALL rate hikes only
- We are in NO HURRY to hike
- We are not even […]

Fed seemingly got the message of the ECB …
The message is …
We waited long enough … now you should have your problems solved …
We will start hiking rates … follow or bury the US $
Reckless naughty french boy … Mr Trichet … his friends call him J.C.
Today … two […]

- A very weak economy … not only in the U.S. …
- 2 more downgraded bond insurers, pressuring the financials …
- An rocketing Oil price as Israel sees a strike against Iran and Libya sees a June price spike …
- An hawkish ECB, which makes sure interest rates will rise globally …
- A weak US […]