All eyes on the FED … but don’t we know already, what they will do? 25bps for the FED funds and maybe even more for the discount rate … the discount rate cut can be bigger as they want to have it USED … fighting against the rising interbank rates. The outlook of the FED [...]

It is getting to the point, where you could laugh wholeheartedly if the situation would not be just too sad … We face a major crisis in the biggest (still) economy on the planet. Stuffed with cheap dollars and recklessly low interest rates from Japan, everybody was happy to buy on credit, whatever it took, [...]

Situation: U.S. Markets: Welcome back to the 1490/95 resist in the S&P … market plays the rate cuts … even a HUGE ADP number … 3-times the expectations could not hold the market down … Moody’s possible downgrade on Bond insurers, which really could bring trouble again … brought the market down only shortly … [...]

How entertaining TV can be … yesterday … CNBC … declared war on the housing mess … it seems to be a common thing for Americans to declare war on anything which is “disturbing” … So the program shows HOUSE FRONT … Maria wears a matching jacket to Mozilo’s tie … how sweet … This [...]

My thoughts for the start of the first week of December … Markets made an amazing recovery from the … technically spoken … point of no return … so the question remains, whether we face a correction of the correction … one more test (even successful?) to the downside … or more follow through to [...]

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 into [...]

Situation: U.S. Markets: Stabilized after the 2 day squeeze … up this morning on Bernanke hinting to a December rate cut and the WSJ reporting, that the Govt. will “freeze” rates on subprime loans … hmmm … this sounds like old communist politics … ooops … housing figures were bad … Sears and Dell earnings [...]

A rally in Asia … just enough to create a nice gap in the Dax … which could have been faded as it was created exactly at the top of the (bear)flag … Sell signal reached its target late afternoon … See below … Copyright by Tradestation A quite perfect flag, I think I will [...]