Adolf Merckle, once one of the richest Germans set a end to his life yesterday, as he was close to losing his “empire” due to lack of a disciplined approach towards trading in equities, namely Volkswagen. He should be remembered as a stupid and undisciplined coward, who left his employees and his family alone … [...]

Today … the CLOSING price was 500,– Euros … DOWN 54,80 Euro from the last paid price … on around 900k shares … Be aware … tomorrow’s closing price might be interesting … as weightings get cut … Let’s hope, that it will be normal trading from Monday on

VW’s index weight will be capped per Monday in the DAX and the Euro Stoxx. As the weighting cap in the DAX is 10%, but VW’s actual weight is 30%, we will have an interesting Friday CLOSE So BE AWARE!!! This is nothing for the fainthearted

VW … my thoughts – Porsche story including reasons for the VW takeover are well known – Porsche affinity to options is well known – Everybody has the same rules, so who comes out to play, should be ready to pay – Who ASKED EVER, what is the right price of a stock? It is [...]

The first thing, a chartist learns is: No price is too high, no price is too low Now … sometimes people forget this wisdom … Last example, the U.S. weekly “BARRON’S” … Last week, the magazine named Volkswagen THE MOST OVERVALUED BLUECHIP on the planet … And the stock obeyed … sold off from around [...]

Market enjoys a relief rallye after the October expiration is out of the way … Ben and Hank keep talking bullish and keep the market on recovery course. Interbank lending relaxes as well. Dax held back by Volkswagen, so underperforming the FESX by more than 2% … Barron’s highlighted the “slight outperformance” of VW They [...]

As Fed and European CB’s still fumble around … market melt down continues … Dow and S&P closed below their “round” levels … Panic mode … no brain … just getting out of positions … deleveraging … An old bear market saying is: Today’s bids are tomorrow’s offers … B U T Volkswagen did it [...]