Short DAX at 7740

I thought Mervyn King is way too "aristocratic" for such a move...Ha, ha,ha...

 

He will do what 10 Downing kindly requests LOL

Looking sweeeet

3rd covered +19.5

EUR ir announcement in 4 min

 

Cover short 7992, awaiting departure.

 

FED expected to freeze IR for 5 years

EUR @ 4%

Long 3

-2.5

Long 3

-3

Short 3

scaled out 1 +4

2 b/e

Long 1

+11

 

long 7975

 

Short 1

+5

Reverse Long 1

-3.5

Long 3 divergence setting up

scale out 2 +9

3rd -1 out for now failure swing on 1

 

Morgan Stanley, Goldman reportedly cut to neutral at Merrill

Wells Fargo reportedly cut to sell at Merrill Lynch

 

Funny how banks cut themselves... sounds ridiculous

 

Kind of competition...

 

Here is another take on this, Goldman's CEO screwed Merrill's Mrs, she told her Mr that she preferred Goldman's cock to his and Mr Merrill got so pissed that he told his analysts to downgrade the bastards over at Goldman. Well, you never know LOL