Don’t be afraid … I won’t have this as a daily column from now on
On the other hand … it could make sense …
Especially as all of Wall St. fights to survive the June Expiration and the Q2/H1 end …
Today … they created first a bullish chart set up for Europe … a […]

Every day … the PPT tries to hold the market … whenever they see a chance, they bid aggressively … sell into the short squeeze … but still they are not too successful …
Today … a good example …
In the morning … bidding the market up on 2 reasons …
- a good feeling that […]

Please be aware, that Goldman finishes its Q2 end of the month … and if I’m not mistaken, Lehman and Morgan Stanley as well …
SO … in the case you wonder, why Oil is flying and stocks are leaking …
Think about, who could be behind the move?
Guessed it?
You said GOLDMAN???
You win the price … […]

Not only me
After technical targets were reached, selling set in … WHO?
YES The ones who “know” … PPT was rumoured to sell the rally, using demand from underinvested HF’s …
Funny … but true …
Now they hide it behind the Goldman OIL story and the UBS statement, that MONOLINE WRITE OFFS MIGHT […]

Today’s news release :
BEIJING (Dow Jones)–China’s domestic banks can invest their clients’ funds
in the U.S. stock market under an agreement with the U.S. Securities and
Exchange Commission, the China Banking Regulatory Commission said on its Web
site Monday.
The agreement marks a further expansion of China’s Qualified Domestic
Institutional Investor program, under which qualified financial institutions
are allowed […]

All the last FED cuts had one thing in common …
A HUGE RALLYE in equity markets ahead of the decision as everybody anticipated the move.
Then after the decision, market sold off … every time …
NOW … IT IS DIFFERENT!!!
We go into a FED meeting not only without a rallye, but with RECORD PESSIMISM …
Even with […]

As markets were close to collapsing …
The PPT (plunge protection team) buys like tomorrow no more shares would be available
After gapping below the January lows (S&P 1264), market started squeezing NORTH …
Ironically, Lehman and Deutsche Bank started the buying …
Now we traded above Friday’s low (1275.50) and last weeks low (1274.5).
Technically … this […]

Are they aware that they lose their credibility?
Ok, what happened today? On Payroll Friday?
The day started out with losses in Asia and more problems on the credit markets. Some of the measure sticks of the liquidity problems as the ABX indices showed new record highs.
So Europe started trading and falling and … who would have […]