Today we completed the THIRD(!) 10% bounce for the markets in 2009. And guess what? … YES, I’m going to fade it … AGAIN. We might have some air still left, BUT most of the bounce is done IMHO. So … nice and smooth I will start to SELL any intraday “spike” or overbought levels [...]

As talkingheads and public becomes extremely bearish, WATCH OUT … We might be extemely close to a BOTTOM … at least for a decent bounce … Every day we hear new superlatives … worst year since … worst performance since a.s.o. WATCH OUT for a REVERSAL!!! FDAX 3.6xx sounds good S&P below 700 … it [...]

Welcome to the typical month end bounce … Interesting, that FED and Government are again more active at the end of the month Anyway … I still wait for ANY fundamental change … So … thanks to the manipulators … I enjoy the bounce Still the targets are lower … and as long as there [...]

Markets … after the huge BOUNCE back … seemingly are dead in the water before the U.S. election … BUT WHY??? The outcome seems clear … Barack Obama … We know, that it will be January until he will take over … So … as fundamental news gets BLEAKER every day … why are the [...]

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 [...]