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 again … Friday […]

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 could/should happen […]

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 is […]

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 players waiting to SELL???
Friday […]

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 […]

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 focus for the […]

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 close to the […]