Still selling … no buyers … Emerging market domino goes on … Hungary was hardest hit today. The real problem is … IMHO … so far a lot of words, but not much action implemented by Governments and Fed. And as everybody knows, that tougher regulation will govern the markets … they have to sell [...]

No change … bears are still in the market’s driver’s seat Lehman CDS settled … no big damage … but no bounce Another FED program to stabilize the market … no effect Why? – Still redemptions hit the hedge funds and others. – Deleveraging continues. – Emerging markets keep imploding … today Argentina. – Quarterly [...]

Market enjoys a relief rallye after the October expiration is out of the way … Ben and Hank keep talking bullish and keep the market on recovery course. Interbank lending relaxes as well. Dax held back by Volkswagen, so underperforming the FESX by more than 2% … Barron’s highlighted the “slight outperformance” of VW They [...]

Buy American. I Am. By WARREN E. BUFFETT Omaha THE financial world is a mess, both in the United States and abroad. Its problems, moreover, have been leaking into the general economy, and the leaks are now turning into a gusher. In the near term, unemployment will rise, business activity will falter and headlines will [...]

Reasons: – We had now an EXTREME Sell Off. – We had a RECORD VIX reading AND(!) today a higher reading, not confirmed by lower prices. – The VIX made a reversal today … after hitting 81(!!!) we closed at 67. – Breadth readings are at all time low. – Today, EVERYBODY I talked to [...]

The best CB news I read recently

From the open … until the close … SELL pressure … JPMorgan, Wells Fargo, Coca Cola … all better … all did not matter All economic data was weak … Beige Book superweak Friday expiration … let’s see, who still has to sell because he sold puts “riskfree” Key for the market seems to be [...]

Anybody as happy as these guys here??? Look at them … Like boys, who broke the banks and hope, nobody finds out To be honest … looking at them makes me SICK!!! Market is back into the RED … and what do I have to see??? They start PRAYING already … have a look …