As volume dries out after recent swings and market action … and Q3 end means, that LESS market participants really trade … Rumour mill at its best … Today … apart from the hourly “new input” from the bailout package … We had the following rumours doing the rounds … – HSBC will buy UBS [...]

Let’s see, whether we face our “usual bump” during the last tradingdays of the month and the first trading days of the new month It will be interesting, whether they, the PPT, make it bounce once more … Fundamental news … ALL NEGATIVE!!! -Consumer confidence … PLUNGING … 16-year-low -Inflation pressure rising … despite Oil [...]

Complacency? MBIA books another loss … just bigger than their marketcap … has only 2.5% marketshare of new business in Q1 … Markets still green … HSBC … took their expected write offs … and see housing problems continue … (so do I) Nobody cares … they need to buy? Putting still unused cash to [...]

A rally in Asia … just enough to create a nice gap in the Dax … which could have been faded as it was created exactly at the top of the (bear)flag … Sell signal reached its target late afternoon … See below … Copyright by Tradestation A quite perfect flag, I think I will [...]