Monday 01/12/2011 9PM CET

U.S. stocks fell, after the biggest three-day rally in the Standard & Poor’s 500 Index since 2009 and we expect to see them fall further. This was no more than a bear market bounce and the global economy is slowing and we still of course have the Euro fiscal crisis which is not going to have a happy ending.

Wednesday 30/11/2011 9PM CET

U.S. stocks rallied and there on course biggest gains since August, as central banks moved to make funds available to lenders as Europe’s crisis threatens global economic growth. This is good news? We don't think so and just goes to show how bad the situation in Euro zone has become..

Tuesday 29/11/2011 9PM CET

The talk of the IMF helping out Euro zone may provide a relief rally for the Euro but that will just be a selling opportunity – the zone is doomed in its present form and the Euro will trade a lot lower.

Monday 28/11/2011 9PM CET

The Euro and other risk currencies were up today on short covering nothing more and the rally will end and the dollar will continue its upward march. The problems in Euro zone are going to get worse before they get better and the optimism today on a solution to the crisis in our view is misplaced.

Saturday 26/11/2011 9PM CET

We are short the AUD from the pop up to 1.080 and set a target of 90.00 and we see that easily being hit. The Aussie Dollar had huge gains when the global economy was bullish and now its going to get hit hard as the global economy goes into a deep decline which has already started.