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    Short DAX at 7740

    No buyers around. Time to offload some inventory...
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    WaMu CEO Feared Goldman 'Sharks'

    NEW YORK (TheStreet)-- Washington Mutual (WAMUQ.PK)'s former CEO, Kerry Killinger, rejected the idea of hiring Goldman Sachs investment bankers in 2007 because he feared the bank would exploit sensitive information to trade against WaMu, according to an e-mail disclosed by a Senate subcommittee...
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    FDIC set to charge riskier banks more money

    WASHINGTON (MarketWatch) - The Federal Deposit Insurance Corp. on Tuesday voted to propose assessing higher fees on large, risky financial institutions and possibly lower fees for many small and less-risky big banks. The proposal, which will have a sixty-day comment period, will eliminate the...
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    Rtrs-japan Ruling Party Panel Draft: Need Drastic Monetary Easing To Wipe Out Deflati

    RTRS-JAPAN RULING PARTY PANEL DRAFT: GOVT MUST SET PRICE TARGETS INCLUDING ANNUAL CPI RISE OF OVER 2 PCT RTRS-JAPAN RULING PARTY PANEL: BOJ SHOULD TRY TO ACHIEVE PRICE TARGETS SET BY GOVT WITH OWN POLICY TOOLS RTRS-JAPAN RULING PARTY PANEL DRAFT: SHOULD TRY TO KEEP FOREX LEVELS AROUND 120...
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    Short DAX at 7740

    348 lots bid @ 6227.00. Is this an important level ? No.
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    US reports budget deficit for a record 18th time

    April 12 (Bloomberg) -- The U.S. posted a budget deficit for a record 18th straight month in March, reflecting gains in government spending to bolster the economy. The excess of spending over revenue declined to $65.4 billion last month, compared with a shortfall of $191.6 billion in March...
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    Morgan Stanley CEO: Not satisfied with performance

    http://www.marketwatch.com/investing/stock/ms
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    Spain - next EU problem

    MADRID—Celestino Corbacho probably has Europe's toughest policy job outside of Greece. The labor minister for a country with almost every fifth worker out of a job and a ballooning budget deficit, Mr. Corbacho is locked in a struggle with employers and unions to prevent Spain from slipping...
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    Short DAX at 7740

    <object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/Bwfl_NiW8Uk&hl=de_DE&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/Bwfl_NiW8Uk&hl=de_DE&fs=1&"...
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    EU/IMF plan has 22 bln euros for Greece

    Tomorrow will be a bloodbath for Greek government shorts...LOL!
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    ES Journal Archive (2009 - 2010)

    If I would be finance minister of Greece, I would declare on Monday defult on all my government bonds. :D
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    ES Journal Archive (2009 - 2010)

    It's absolutely ridiculous that nobody is hedging their positions before weekend with Greece in the background. At least some inventory reduction should take place.
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    Fitch cuts Greece to BBB- from BBB+, but...

    The disconnect is that I dont see how the trillions in goverment spending wordlwide will be ever paid back !
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    Fitch cuts Greece to BBB- from BBB+, but...

    Euro jumps; Greece says doesn't need aid: official :D :D :D
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    Ambac Q4 net income $1.93 a share vs $8.14 loss

    Ambac shares climb 17% to 75 cents after Q4 report WTF ? I thought, they are bankrupt ?
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    FSA slaps heavy fine on high frequency trading boutiques

    UK regulator the Financial Services Authority has for the first time clamped down on a high-frequency trading firm and the brokers that handle their trades by slapping heavy fines on three of Europe’s main electronic trading houses. The FSA today fined high-frequency trading firm Getco...
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    China on ‘Treadmill to Hell’ Amid Bubble, Chanos Says

    April 8 (Bloomberg) -- China’s property market is a bubble that may burst by as early as this year, according to hedge fund manager James Chanos. The world’s third-biggest economy may need to keep up the pace of property investment because up to 60 percent of its gross domestic product...
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    JCPenney March same-store sales up 5.4%

    Kohl's March same-store sales up 22.5% American Eagle Outfitters same-store sales up 15% Saks March same-store sales up 12.7% Ross Stores March same-store sales up 14% Gap March same-store sales up 11% Macy's same-store sales up 10.8% in March
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    ES Journal Archive (2009 - 2010)

    Another short squeeze day is waiting to crystallize... Good trading.
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    Short DAX at 7740

    Mission completed. Target area reached. Business as usual to continue...
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