Market keeps gyrating, violating every single rule … waiting for direction … adding to that … rumours … FED to cut discount rate BEFORE meeting … news flashing up … then 10 secs later denied … China widens Yuan band … this means 5 mins bursts, which then are reversed … breaks, rebreaks, rerebreaks … […]

A day … torn between the ambivalent news over the last days … still having upside power form last week and start of the new month … but negative news keeps coming in … correction of the correction … Goldman downgraded parts of Europe … sees 16% risk for UK … so … we were […]

OMG I really should take the monthend off … my experience over the last 25 years …
My idea in the morning was good, but some technical things, I had to sort out … I HATE THIS … kept me from playing 1st move … then got caught short … turned around … went […]

After yesterdays ONE-WAY-STREET … today a more difficult picture … not unexpectedly …
As I got yesterday’s money back, playing 3 times cautiously the short side … I call it a day … as market still consolidates … it SHOULD make a new high above 7811 … but … I don’t want to risk more […]

As I received emails, asking me about my approach towards the results … here the answer
First … thank you for asking … I appreciate every question which is helpful … for me and as well for others …
(please use this e-mail —-> Oliver1414@gmail.com)
My idea is … the Dax trades around 7500 points … […]

What a day … ugly squeeze on interest rate cut hopes and and shortcovering (big time) in the financial sector on Bank of America approaching Citibank for a possible merger … Citi said “NO” … so … they think … ooops … there might be now some value in the sector … Northern Rock will […]

Funny ride … we gapped up … moved away more than 100 points from the low and BEFORE the US open … travelled all back to make a new low … so far by 1(!) point
After some people with brains … yes there are still some around … recalculated the Citibank news and […]

Nice but brutal shortcovering … very good volume … Bad figures from Freddie Mac … plummeting Northern Rock, Ericsson guiding lower??? Nobody cares … as FED rate move seems to be assured … Let’s see … played the long side … stopped … short side … stopped … and then twice long … earning a […]