Today … the CLOSING price was 500,– Euros …
DOWN 54,80 Euro from the last paid price … on around 900k shares …
Be aware … tomorrow’s closing price might be interesting … as weightings get cut …
Let’s hope, that it will be normal trading from Monday on

Fed cuts rate to 1%, highlighting the weakness of everything …
Market seemed to respond positively … until the last “ten” minutes
Then Dow dropped more than 300 points to close down “small”.
Why? GE’s CEO was quoted saying, that his company aims to keep next year’s profit the same as 2008.
Don’t we all aim to be multi […]

VW’s index weight will be capped per Monday in the DAX and the Euro Stoxx.
As the weighting cap in the DAX is 10%, but VW’s actual weight is 30%, we will have an interesting Friday CLOSE
So BE AWARE!!!
This is nothing for the fainthearted

VW … my thoughts
- Porsche story including reasons for the VW takeover are well known
- Porsche affinity to options is well known
- Everybody has the same rules, so who comes out to play, should be ready to pay
- Who ASKED EVER, what is the right price of a stock? It is always […]

The first thing, a chartist learns is: No price is too high, no price is too low
Now … sometimes people forget this wisdom …
Last example, the U.S. weekly “BARRON’S” …
Last week, the magazine named Volkswagen THE MOST OVERVALUED BLUECHIP on the planet …
And the stock obeyed … sold off from around 350 Euros […]

Be aware … they are DIFFERENT!!! to the cash market!!!
CMEPriceLimitGuide
CMEPriceLimitFAQ
Cash market (NYSE)

Markets … AFTER!!! a nice U.S. reversal …
just fall out of bed … starting with Asia, now followed by Europe … around 10% down … was the rule of thumb …
U.S. equity futures locked LIMIT DOWN on Globex …
Reason is … how ridiculous it might sound …
Mr. Roubini’s remarks yesterday on a hedge fund […]

I found in the mails today a nice chart, showing the amount of “air”, which already left the bubble
Have a look

And … Yes, this lacks the already POPPED bubbles