Interesting thing today!!!
The FED announced, it will start paying interest on bank reserves.
This will open the door to take over the money market as banks don’t trust each other.
GOOD MOVE!!!
At the same time, the FED said, it will DOUBLE the “firepower” until the year end.
The FED is as well talking to the Exchanges, whether and […]

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 7%, […]

Markets defended the KEY LEVELS !!!
S&P 1200 FDAX 5900
Now concentration is on the quarterly expiration NEXT FRIDAY …
We hit a 5-year-high in the VIX volatility index …
If there is no big NEW bad news … WELCOME to the recovery!!!
Take care !!!

Here we go …
SEC’s “short rule”, Wells Fargo’s dividend hike, chart supports, small VIX spike, down manipulated oil, margin calls, Friday’s expiration and the soon to be released earnings reports …
Take whatever you want … believe the talking heads or have your own plan
Nothing changed … it is still Benanke & friends […]