Nice snap back rallye on the last day of the quarter … but so far only a correction … Dax looks better … Next 2 weeks should decide the action for the next 6 months. Strange action today in the last minutes of trading in Google (GOOG) Trades seemingly have been cancelled … still strange [...]

As I mentioned … I don’t want to get involved into the Q3 end action … And … as STUPIDITY reached new highs in the U.S. … and political Egoism stood in the way of a sound decision … We had a BAD SHAKE OUT(a little “crash”) … down all over the board at LEAST [...]

As Q3 end position squaring dominates and everybody is looking for a window to jump out I don’t want to get involved … See you next Wednesday/Thursday … At least I think, that we will still have markets by then … Maybe even a bailout package or a rate cut or some failed banks or [...]

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 [...]

Markets wait for the bailout package … especially the TIMING End of Q3 comes closer and seemingly, market still is long and has to deleverage … First 2 weeks of October might set the tone for the remainder of 2008. Be aware, that during the last days of Q3 we might see some winding down [...]

What happened today? Yes, we got the expected bounce in equities … and yes, it faded soon … we had a squeeze in the last hour … surely the PPT was involved The interesting thing seems to be … as so far nothing fundamental has changed yet … investors are just dashing to the sidelines, [...]