Markets Getting Hit

well looks like doomsday is yet again upon us. Lehman getting smacked. Uk retailers got smacked. Been out of the market for a while now but looks like things have not changed much. Liquidity is still shite. Clients aren't doing much. Gamma is not realising.

nevertheless, i would be putting my money into US financials. Looks like they have taken quite a bit of pain already and have priced in quite a bit. would not bet the house though just in case. Wonder where Deutsche Bank divvys are trading now. Need to get my hands on a Bloomberg soon. Holidays first. In a dramatic shift in my priorities, i am fucking off for 2 months. Far East then NY. what a blast its going to be. My first Bear market holiday.

I still want an SP2 though. Once i get back into the swing of things........that lovely VTwin sound will be lulling my neighbours to sleep!

playstation3

tired. got me playstation finally. wonder if all the hype is worth it if one has no time to play the damn thing. markets look nervous, eurostoxx broke out of a bull trend, see further downside especially if credit lines start to tighten up on some of the hedgies. forced liquidation? possible but think only a 10% chance in equities, maybe 30 to 35% in the credit/mortgage market. equities seem to have weathered the storm but shorts are begining to pressure things down again. skew was firm as usual and there is a chance of a jump in vols next week. lets see .......

test

ah the very first post, was thinking of something profound to write about but i think we shall leave it to mindless rubbish for now, got some ol skool george M pumping out of the speakers, waiting for dinner to be ready, must admit i like the sound of that saxophone in careless whisper. the day starts again tom, big figures out in the financials, gamma prob going to get offered, skew as well unless we see another crap out. massive short squeeze in the US at the close on the sx5e. well lets see.