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 […]

Major rallye today … why?
I call it the “Basketball Effect”
If you put a basketball under water and let it go … it pops exactly into your face …
Market was under severe pressure over the last month, dropping around 20(!!!)% …
Now … shortly before March future expire/rolled over … a bounce was SURE!
Everybody always […]

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 […]

Today morning we got it officially, that the Chinese won’t finance the US mess forever …
China’s national pension fund said Wednesday it plans to adjust its investment portfolio this year by lowering its investment in bonds and increasing its direct equity investments as part of efforts to cope with the global and domestic economic downturns.
The […]

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 […]

As nobody so far was able to explain the Bond-Miracle to me … I just ask you
First the facts …
- we will have all-time-record-supply of BONDS coming as all these daily help programs some day need to be refinanced.
- printing money is inflationary … at least I heard this.
- FED sees only […]

As the situation IMHO is absolutely clear … We will hit new lows in equities
I try to think up a scenario, which could prove me wrong …
I found one … and only ONE!!!
As we could read over the weekend, the big industrial nations … thanks for the hint Mrs Merkel … agreed on NOT letting […]

Wait to fall I mean
The only reason is … market fears to be betrayed again …
So they wait for the announcements … Stimulus package and bail-out plan
And then we will sell off … why?
- The stimulus needs longer than everybody thinks and is smaller than the pure number shows
- Bail-out … needs […]