Pull all strings FED made it possible … the market survived another month even bouncing And still in bouncing mode … despite bad GNP figures out of the US today … It is still an uphill battle, but we should see new highs … S&P above 1291 … DAX above 6616 After running out of [...]

As the bounce keeps going … FED prolongs its “flooding” of the market with liquidity until Jan. 31st, 2009 So, we have Govt. guaranteed banks for 6 more months … at least. After Merill Lynch threw in the towel by selling their “toxic waste” … who is next … and what will be the next [...]

Yesterday, I was looking for the 2nd leg of the bounce … seemingly … HERE WE GO You need a reason? (I am a technical trader, so I don’t) BUT Rumour going around, that the NO SHORT LIST will have around 200(!!!) more stocks on it … Incredible … hopefully, we don’t have soon the [...]

We had the markets close to capitulation as S&P traded below 1200 and DAX below 6000 … then a brutal bounce … now the correction of the bounce … usually we should “enjoy” now soon the 2nd bounce to the upside … As S&P already retraced more than 60% of its bounce, the Dax stands [...]

NAB, National Australia Bank … came out today, stating: – National Australia Bank said, it was setting aside an additional A$830 million ($805 million) to cover exposure to U.S. mortgages – that the provision was on its portfolio of collateralized debt obligations, or CDOs, of securities backed by U.S. residential mortgages. – The lender said [...]

Goldman knows best Should be the new show on CNBC … Just read … and then … don’t tell me, they will not use that inside track … Goldman Sachs Group Inc’s Ken Wilson will temporarily leave the firm to advise U.S. Treasury Secretary Henry Paulson on how to resolve the country’s banking crisis, the [...]

Some new rules … in the US … makes the Dax look close to 10% higher … WOW So we have the solution … The government just has to forbid selling equities … What about mandatory ownership??? Guaranteed prices anybody??? So … as market starts to look vulnerable again … back to work … I [...]

Earnings will dominate the week … and to be honest … as the market “celebrates” BAD earnings as some expected them to come in even worse … and we have the “NO-SHORTS-RULE” for many financials in place … Let’s see, what it brings … I’m not unhappy, that I have until Wednesday a seminar, which [...]