Newsletter

kaltbaum pre market

Leave no doubt that there is a coordinated effort around the globe to juice markets again. The fed all but telegraphed more money printing as

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Short covering on anticpation of more printing of money announced by Bernanke tomorrow…as the hedgies have been short. Short covering of the euro as the

KALTBAUM PRE-MARKET

Futures up up strong but off their highs…but still strong. Let’s see why… Eurozone GDP a big fat (as John Vernon said in Animal House)

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Not a lot to add tonight…some of the deepest oversold areas like semis and finacials bounced. Market moved up on lighter volume. But I am