Since the last report of 26 October, the SMI has written in November 5034 with a new low. Since then it commutes volatile and sideways, without reaching new highs or lows.
The daily macro data are not exactly edifying. Technically, I find it but it points out that sales are getting thinner and be written to even the lousy numbers from the economic front, no more new lows. Is thus reached the low point and priced in the worst numbers? At least for a time as possible, which needs due to the highly oversold markets and the almost boundless pessimism are only a small spark to ignite the explosive mixture, which would make for a very strong Rallie of 10-20%.
Today is the start of the winter sports season auf der Heide und somit sind meine Aktivitäten vorwiegend auf dieser Seite. Eine schöne Vorweihnachtszeit.
Grüsse Oekonom
macht was draus, aber machets guet... 
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