As I wait for the FED and watch the Future ROLL in the DAX …
I had time to check my blog statistics
Yesterday was the 128th day since the blog started …
and it was the FIRST day, I had more than 1.000 daily visitors … 1.057 to be exact
Some of you […]

I found it … FINALLY

The first and maybe ONLY BEARish front page of CNBC’s Marketwatch …
(edit: It is not CNBC, pls. see comments)
I am so happy now …
Could for the first time ever not find ONE SINGLE positive headline …
and you read BEAR, wherever you look

As I find it quite difficult … and every day more … to be “in sync” with the way, US markets and US media reacts to news and events …
I probably found the reason … I am not american
A kind of optimism … let’s face it … even a blind optimism and still […]

An equity market meltdown has started. Global unwinding of derivative positions. As this has nothing to do with trading under normal conditions as market becomes extremly thin and volatile, I refrain from trading for my blog until the dust settles.
Be aware today … as the S&P is locked limit down, further selling has to […]

Welcome to Volatility-Land …
20 points in the S&P or 40 in the NQ … no problem … 100 points in the Dax … whenever you want … down … up … down … and next attempt to the upside. I have to admit, that it is DIFFICULT …
No profit is save, no stop is far […]

Just have a look on the Tickchart of today’s action in the S&P emini Future at 7:01 London Time.
Slightly scary to imagine, what could happen.
Here it is:

Copyright by Tradestation

Funny could be the description of today’s action … if one would not lose money on it
You are right on US markets, right on central bank decisions, right on Helicopter Ben, see the US charts correctly, the FESX does nothing, which could cost you money, you read earnings well, US figures are ok … BUT […]

What we are experiencing now … the first days of 2008 … is exactly that, what we call in a daily sense the “Amateur hour”. The first hour of trading, where all the amateurs buy and sell and wrong positions get closed/stopped out. And as we know, it is the hour, which the professionals use […]