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Interesting. That I did not know. Your wish for BK has born true for many financial institutions perhaps they'll be next.

Credit Suisse Plunges to 9-Year Low as SNB Tells It to Bulk Up By David Benoit @ Bloomberg Switzerland must have been listening to Jamie Dimon’s Senate appearance yesterday. The day after U.S. senators and Dimon all but sanctified the need for banks to hold capital, the Swiss...

Down 10%. SNB says "reduce Dividend" to shore up reserves although exposure to PIIGS is minimal likely slowdown in revenues due to Euro turmoil could have impact. CS---no comment.

S & P: We look for EPS of $2.74 in 2012, $3.79 in 2013 and $4.05 in 2014. ➤ CS has seen steady net inflows in its Wealth Management business, but the investment banking business has been hurt by recent headwinds. Cost cutting should help alleviate some pressure on the bottom line...

CS? Bottoming on the European Debacle. Financially sound. Little at risk with regard to defaults in the PIIGS. 4% DIVI in a world of 1.5% 10y yields. What am I missing. Long term play or insanity?

Interestingly both the FED and China have spoken. These machinations do not happen when a robust organic rally is underway rather an anemic bear rally. The timing coincided with a bounce off the 200 day in the equities. Make your own conclusions. Hate to say it but Jim Rogers is right: buy...

FYI. Long term H & S in Dr. Copper. JJC to 30. We may bounce soon but if we break the neckline to 30 we go. Depends on Europe and our domestic data. The bugger is the Central Banks as all the "Twist" makes for artificial conditions which have shunted money to equities and housing at the...

Janjuah concurs although our targets differ slightly. Very bearish

1250 it is..... My drunken posts later seem a bit childish..

Bin Gone. Bin Short. Bin screwed. This turd needs to fall again. So much paper this time float before the flush. 1250 first? Gawdaweful smackdown at 1230 but no follow through thinks greedy bastards need to off more paper first.

For those of you who think the sell-off is over.... http://www.barchart.com/charts/etf/HYG When pigs fly......

One more day of consolidation before any big move (guessing again). The likely direction is down but the market is the market. One thing is for sure is we are compressing at the upper end of the range. We had consolidation and range narrowing . I would expect a slight increase in range...

Wow nothings changed. A little range expansion today up into the very tippy top of the 3 month range which was resoundly rebuffed. The lines in the sand are drawn folks........

Looking for a change in trend. Then instead of "buying dips" you sell the rallies. Afterhours is looking mighty weak. The trend may be changing as we speak. monthly down weekly down daily up hourly down Throw in a little juju and shake dem chicken bones and voila' you have a...

Take it FWIW. The SP500 range was a 3 month low. We may have 1 to 2 more days of low volatility then expansion. The way I envision range is that as we approach congestion we compress as buyers and sellers more or less agree as to where price should be. At present in the sp500 we are...

Close = open. No range. We are gonna explode Wed or Thurs.

Market is certainly honoring its targets for several months.

Nice run up. We stalled though Pre-market in US. Important because it was a slow unwind. No one wants to hold longs over the weekend. We'll see next 2 -3 weeks if this long holds. Personally I'm loving the volatility. Trading not holding positions.

Many downgrades today. The balloon is deflating. Sssssssssssssssssssssss.... Many funds have biweekly, monthly, quarterly, and yearly opt-in/out dates. These are happening now. EOQ buying is OVER. October is volatile. Europe is struggling. 44 billion in POMO scheduled for October by...