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 and sell its investment banking […]

Back to reality?
2 days of a bounce … that seems to be everything, one can ask for …
After the close market was reminded that …
- Financials are still not over it … Merill numbers were BAD … today we await Citibank …
- Even Techs can miss again … Dollar weakness alone does not let earnings […]

Welcome to February … After a horrible month … everybody buys …
Here is why …
1. Statistics … If you take the 10 worst Januarys of all time, February average performance is positive and the average additional loss for the year is ONLY around 1%
2. If you battle against your benchmark … just […]