After the WORST week in the history of stock markets … We had the best day in the history of stock markets … at least here in Europe … Japan closed? U.S. partially off? The more we rise … Volatility is here to stay … at least a bit … Let’s see, what’s up next [...]

DECLARATION ON A CONCERTED EUROPEAN ACTION PLAN OF THE EURO AREA COUNTRIES 1) Financial systems contribute essentially to the well functioning of our economies and are therefore a necessary prerequisite for growth and a high level of employment. Millions of depositors have trusted their wealth to our financial institutions. The consequences of the current financial [...]

How many announcements can one weekend bring??? I just try to list the NEWS (not necessarily in order of importance): – German Bailout Likely to Be Over $400 Billion, injecting capital into banks and even guarateeing interbank lending – Euro-zone governments to issue guarantees and insurance, to buy stock in needy companies, to issue qualifying [...]

Hearing rumours that ALL exchanges will be closed on Monday to give G7 more wiggle room to get a solution … this created the squeeze … some even say, it will be A WEEK !!!! BE AWARE!!! Monday is anyway a slow day with Japan holiday and Columbus Day in the US !!!

Negative sentiment topping … just have a look at this e-mail from F.T. Alphaville … Just count, how many times they use the “c-word” … AMAZING So … let’s talk about a squeeze???

Have a look … the poor DAX … (yes, in the German language it is an animal, too) Abandoned … Fuer die deutschen Leser … Der Dax wird ausgesetzt … I love that Remember … if you see EVERYBODY talking about the crisis … and jokes appear … at least a squeeze could be due [...]

Here the chart and explanation of a friend of mine … Henning V. … Have a look Monthly DAX Chart reveals: SYMMETRY ! Pattern are often ruled by a “symmetry line”. Although this is not “official Technical Analysis” we obey these lines quite often in every time scale. What we often see is that the [...]

1990 the Nikkei 225 hit its all-time-high at 38k and “change” … the Dow Jones was trading at around 3k only … Today, the Nikkei fell BELOW the DOW … trading only a bit above 8k … So … another example, that EVERYTHING is possible.