Aixtron geht seinen Weg

dann werde ich mich mindestens auf ein doppeltes Lottchen einstellen,oder besser wir alle.  

werden sehen, da der Tag noch lang ist. Alles aber wirklich alles steht auf ROT, daran wird sich auch am Vormittag nichts ändern. Der Nasdaq-Futures steht mit 24.5 Punkten im Minus und die Asiaten haben alle im roten Bereich geschloßen, kein Wunder, der Nikkei hat 976 Minuspunkte oder gut zehn Prozent.
Hier die Daten:
12:30 US/Citigroup Inc, Ergebnis 3Q (PROGNOSE: -0,02), New York
13:00 US/United Technologies Corp, Ergebnis 3Q (PROGNOSE: 1,33), Hartford
14:30 US/Verbraucherpreise September
14:30 US/Realeinkommen September
14:30 US/Erstanträge auf Arbeitslosenhilfe (Woche)
15:00 US/Saldo Wertpapierkäufe und -verkäufe ausländischer
Investoren August
15:15 US/Industrieproduktion und Kapazitätsauslastung September
16:00 US/Philadelphia-Fed-Index Oktober
16:35 US/DoE, Rohöllagerbestände (Woche)
19:00 US/NAHB, Stimmungsindex Bauunternehmen Oktober
22:05 US/International Business Machines Corp (IBM), Ergebnis 3Q
(PROGNOSE: 2,02), Armonk
22:15 US/Advanced Micro Devices Inc, Ergebnis 3Q (PROGNOSE: -0,40),
Sunnyvale
 

ich bin schon short, jetzt kommt das aber es ist für einen der hauptsächlich nach chartbild geht im moment voll sche.....  , weil der markt gerade nur nach emotionen geht, aber das wird einer wie du nie verstehen. na dann wohl wa ma schaun ob sich der letzte Donnerstag & freitag wiederholt.  

na schon aus den Albträumen erwacht. Wird wohl nichts aus der schönen Kurserholung
Aixtronsteht  schon wieder bei 3,36€ vorbörslich.
Na beginner, Dich hätte ich eigentlich für besonnener gehalten. Aber jeden erwischt es halt mal auf
dem falschen Fuss.

Gute Geschäfte heute noch!
 Alpha4

so siehts aus, man kann nicht immer gewinnen, bei ifx meine kauforder sogar noch ein kleinwenig oder dem letzten tief platziert, 2,48€ auch voll angeschissen & bin noch über frankf. mit minus raus, meine short bei ndx,cgy,swv sind wenigstens gestern abend schon fett im plus, es sollte halt nicht sein den charttechnik waren wir schon durch den gleitenden durchschnitt auf jahresbild, aber wie immer haben uns die amis in die suppe gespuckt, also nächsten tiefpunkt abwarten dax 4000 & mit panik sogar 3500 bereich, wenn nicht wieder irgend jemand den zauberstab zwingt,hhhaaaaaaaaaaaaaaaaaaaaaaaaa

& so wie das wetter ist wirt auch der börsentag

 

Godmodetrader-Analyse zu Aixtron 15.10.08.     Nein ?

Ich schreibs mal trotzdem.
Zusammengefasst:
Hält der Wochenschlusskurs 3,98€ nicht,  drohen Abgaben bis 2,56€ und danach bis 2,02€
Selbst bei einer Erholung auf 5,05€ ist der mittelfristige Abwärtstrend intakt.

Grüße an alle Investierten und die die es werden wollen
 Alpha 4

Doch der Pfeil zeigt, wenn auch zögern, langsam nach Norden und der tag ist noch lang
und was gibt es schöneres als ein Happy-End.  

habe ich nur für Allegro7, weil der allmählich  realisiert wohin Ihn seine Spekuliererei
gebracht hat.

gebracht? Ich perönlich glaube immer nur das was mir selbst widerfährt und Menschen passiert ,die ich unmittelbar kenne, dass schütz mich vor der Verschwendung meiner Gefühle.  

oder was, heute liege ich wieder goldrichtig, heute morgen eingedeckt & long (aber schon wieder raus & jetzt mittag essen, & mal schauen was die doofen amis nun machen ob long oder tango vielleicht auch short  

wenn der ami uns nicht wie gestern schön verarscht mit seinen future könnten wir im dax heute doch noch eine w formation sehen. aber wie sagt ananas immer so schön der tag ist ja noch lannnnngggg.  

w
 w
    w
       w                w
         w           w     w
           w       w         w
             w   w            w
               w                 w                  w
                                    w             w
                                      w       w
                                        w  w
                                          w

einstellung jahreschart, aber hat sich ja so gut wie erledigt , erst schön leicht im plus (Future) & jetzt schön so gut wie null  

geschrieben liegen diese pener auch mal schnell 100 punkte zu  

plus oder 2.6 prozent , wir werden heute Boden gut machen.
United-Technologie mit guten Zahlen,
Erstanträge auf Arbeitslosenhilfe sind zurückgegangen,
Realeinkommen gestiegen
Verbraucherpreise sind gesunken,---alles schön grün!  

es geht schon wieder abwärts  

was deutschbänker so treiben, sicher auch im tecdax und bei aix
aus einem andern informativen thräd

Mitchell: Deutsche Bank sold phantom stock   381 Postings, 790 Tage Enna  

October 14th, 2008 by Mark Mitchell

A couple of days before Lehman fell and all hell broke loose on Wall Street, Floyd Norris, the chief business correspondent of The New York Times, published a blog (headline: “Short Sale Conspiracies”) wherein he implied that I was mentally insane for suggesting that Deutsche Bank Securities had been caught selling “massive amounts of phantom stock.”

I promise to take this up with my psychiatrist, but first let me tell you a bit more about the peculiar case that led the New York Stock Exchange to hand Deutsche Bank Securities the largest fine in history for violations of SEC rules designed to prevent the creation of what the chairman of the SEC has called “phantom stock.”

The NYSE’s disciplinary order states that Deutsche Bank’s traders “effected an unquantified but significant number of short sales…without having borrowed the securities.” Indeed, the traders sold the shares “without having any reasonable grounds to believe that the securities could be borrowed for delivery when due…”

This is a clear-cut case of abusive naked short selling – traders selling stock without bothering to even check whether the stock could be obtained. In other words, Deutsche Bank’s traders were selling phantom stock, and it appears that they were doing this systematically over the course of the 22 month time period (ending in October 2006) that the NYSE investigated.

I asked NYSE spokesman Scott Peterson how much stock Deutsche Bank sold without knowing that the stock could be borrowed. He said, “We’re not saying how much, but let me put it this way: It was A LOT.” (The emphasis was his.)

Interestingly, however, the NYSE pointedly did not include the words “naked short selling” anywhere in its written disciplinary action. And the Big Board’s spokesman went to great lengths to suggest that Deutsche Bank was not engaged in naked short selling. “This is a case of failure to locate stock,” the spokesman said. “We’re being careful not to call it ‘failure to deliver’ stock.”

Mr. Peterson referred me to a section of the NYSE’s disciplinary order where it says that “according to [Deutsche Bank’s] delivery records,” there were “only two failures to deliver.”

So Deutsche Bank systematically failed to even locate the stock that it sold, but the NYSE isn’t calling it “naked short selling,” and Deutsche Bank managed to deliver the stock in a timely fashion in all but two instances.

Does this seem strange to you? It should.

SEC rules give short sellers three trading days to borrow and deliver real shares. If the stock is not produced within three days, it is called a “failure to deliver.” If a company’s shares “fail to deliver” in excessive quantities, the SEC puts the company on the so-called “threshold” list of publicly listed firms that are likely victims of improper naked short selling.

When I pressed Mr. Peterson, the NYSE spokesman, he conceded that there were not “only two cases of failure to deliver.” In fact, Deutsche Bank routinely failed to deliver specific securities–all of which appeared on the SEC’s threshold list. When I asked how much stock Deutsche Bank failed to deliver, Mr. Peterson said, again, “a LOT.”

So what was this “only two cases of failure to deliver”? It turns out that there were only two instances (among the sample of questionable trades for which it was charged) where Deutsche Bank still had not delivered the stock after thirteen days. Surely the NYSE must have known that failures to deliver of three to thirteen days are considered by the SEC to be improper naked short sales. At the time of the Deutsche case (the rules have since been changed slightly) day thirteen was the point at which the SEC would hand the delinquent naked short sellers a pathetically light penalty, forcing them to forfeit their short positions by buying back (rather than borrowing) shares.

In practice, this 13-day rule only encouraged stock manipulation. Some traders, correctly reckoning that the SEC would do nothing, simply left stock undelivered for weeks or months at a time. But a great deal of abusive naked short selling involved traders who sold phantom stock and (obviously) failed to deliver it on day three, and then absorbed the “penalty” on day 13 – purchasing (rather than borrowing) the stock and delivering it.

As soon as they closed out their “short” positions (which were fake positions since they never intended to borrow the stock), the traders would immediately sell another batch of phantom stock and leave that undelivered until day 13. By the end of each of these 13 day periods, the phantom shares had, of course, diluted supply and watered down the price (at which point it was hardly a “penalty” to have to buy back the stock).

A great number of the companies that appear on the SEC’s “threshold” list have been subjected to precisely this pattern of abuse. And if I understand the NYSE spokesman correctly, this is what Deutsche Bank was up to – short selling phantom stock with no intention of borrowing shares, waiting to buy (rather than borrow) the cheaper shares at day thirteen, and then selling more phantom stock, targeting the same threshold-listed company, the very next day.

Deutsche Bank did this week after week for at least two years.

Predictably, the SEC has not gone after anyone in the Deutsche Bank case. Instead, it leaves the NYSE to render its “largest ever” fine – a mere $500,000, which is many millions, if not billions, of dollars less than what the bank earned from its illegal activity.

And the question remains: Why is the NYSE failing to call this illegal activity by its proper name: “naked short selling”?

When the NYSE levied its fine at the end of August, the scandal of naked short selling was beginning to receive nationwide attention. Indeed, the SEC had just lifted a temporary emergency order designed to prevent the crime – three weeks after stating that abusive naked short selling had the potential to topple the American financial system.

Moreover, Deutsche Bank had recently become embroiled in a multi-billion dollar lawsuit filed by shareholders alleging that Deutsche and several other banks were involved in a “conspiracy to engage in illegal naked short selling of Taser International Inc. and to create, loan and sell counterfeit shares of Taser stock.”

Clearly, Deutsche Bank had reason to keep its involvement in naked short selling under wraps. I asked Mr. Peterson whether the NYSE had cut a deal with Deutsche Bank, whereby Deutsche agreed to pay the fine, and the NYSE agreed to portray its case as something other than a clear-cut instance of abusive naked short selling.

Mr. Peterson told me to put my question in writing. I did this, and waited for several weeks for a response. No response was forthcoming.

Another interesting question is whether Deutsche Bank’s prime brokerage (which services hedge fund clients) was involved in the naked short selling. If it was, this would suggest that the bank was helping its hedge fund clients manipulate stocks, including, perhaps, Taser International, whose shareholders had filed that multi-billion dollar lawsuit.

I asked Mr. Peterson about this. At first, he said the prime brokerage was not involved.

However, the NYSE’s disciplinary action said, in legalese, with no explanation, that at least two of the five Deutsche Bank proprietary trading desks investigated by the NYSE “failed to adhere to the independent trading unit aggregation requirements.” This was a reference to SEC “unit aggregation” rules, outlined in Regulation SHO, which prohibit prime brokerage units and proprietary trading units from coordinating their short-selling activities.

In other words, it seems possible that Deutsche Bank’s proprietary trading unit was washing naked short positions for its prime brokerage.

I asked Mr. Peterson if this was the case. He said to put the question in writing. I did this, and waited a few weeks for a response. No response was forthcoming.

Apparently, Mr. Norris, the chief financial correspondent of the New York Times, spoke to the NYSE, because he regurgitates its party line, almost verbatim. He says the case against Deutsche Bank is “largely about the failure to locate shares before they were sold short…But there do not seem to be many cases of sustained failures to deliver.”

He goes on to improperly define “failures to deliver” as occurring on day 13. He buys into the suspect claim that Deutsche Bank’s prime brokerage wasn’t involved. And he infers that the case could be a matter of “record keeping violations,” apparently unaware that these “record keeping violations” were in fact brazen failures to deliver of unborrowable stock – typically lasting right up to day 13, when the traders “penalized” themselves by buying back the shares, no doubt at a steep discount to the price at which they had sold them.

Mr. Norris concludes, “I don’t know if Mr. Mitchell’s suggestion [that Deutsche Bank sold massive amounts of phantom stock] is nutty or prescient, but I do not see how it is supported by what the Big Board says it found.”

Of course, what the Big Board says it found might be quite different from what the Big Board did find. That a prescient nut case has to point this out to the presumably sane chief financial correspondent of the New York Times speaks volumes about the media’s coverage of the naked short selling scandal and the state of America’s public discourse.  

Eine Stimme der Vernunft   381 Postings, 790 Tage Enna   16.10.08 15:32

Program Trading, Dark Pools and Gold
http://seekingalpha.com/article/...rogram-trading-dark-pools-and-gold

Welcome to the Brave New World, post-November 2007, when the final regulations keeping the playing field level between individual and institutional investors were completely abolished. These regulations dampened volatility and ensured orderly markets for decades. Is it coincidence that the declining market of October 2008 has been the most violent and volatile week in history?

The regulations I refer to include the SEC’s July 2007 elimination of the uptick rule that had served investors, by dampening volatility, so well for 70 years. In its decision, the SEC said the rule “do[es] not appear necessary to prevent manipulation." Right.

After the most volatile percentage day in history, October 19, 1987, “trading collars” were placed on index arbitrage transactions via NYSE Rule 80A. (Index arbitrage was a favorite tactic of big institutions to circumvent other selling restrictions.) On November 2, 2007, however, the NYSE abolished these “circuit breakers,” writing “The Exchange is making this change since it does not appear...that market volatility envisioned by the use of these “collars” is as meaningful today as when the Rule was formalized in the late 1980s.” Right.

In 2005, in response to public complaints, the SEC took the half-hearted step of beginning to regulate naked short selling, absolutely illegal for individuals but, in an startlingly dangerous double-standard, perfectly OK for the “professional” primary dealers. Regulation SHO was allegedly enacted to curb naked short selling, requiring that broker-dealers have grounds to believe that shares will be available for a given stock transaction. The SEC’s logic seems to have been that, as long as the fox swears he won’t eat any chickens no matter how hungry he gets, it’s OK to trust the fox. Right. (In fairness, effective September 18, 2008, amid even more public outcry, the SEC decided to get tough. They warned the foxes to really, really make sure they thought they would really, really be able to get borrow the stock, this time. Really. Except that other departments of the SEC were still defending the practice in limited form as “beneficial for market liquidity...” Right.)

Add to these massive loopholes the whole idea of “program trading,” which the NYSE defines as "a wide range of portfolio trading strategies involving the purchase or sale of 15 or more stocks having a total market value of $1 million or more." What they are unwilling to admit is that these “portfolio trading strategies” usually mean gargantuan computer-to-computer arbitrage strategies. Program trading is extremely popular with hedge funds, where traders automate strategies they could never execute without computer assistance.

On October 8, 2008, at 3:58 EDT, I captured a screenshot of the market. It was up 107.60 points. Two minutes later the market closed down 189.96 points. That’s a 300-point swing in two minutes. There was no news of interest to account for such a panic. There is no way enough individual investors or even institutions acting rationally or placing orders up to 10,000 shares could have sent the market into such a tailspin. It takes millions of shares untouched by human hands, “programmed” to sell as a certain price is touched, or the LIBOR goes to “x,” or the boss’s daughter wears color “y” to work.

I was a senior executive with Charles Schwab & Co. (SCHW) on October 19, 1987. I can tell you it was the novelty of computer program trading that was primarily responsible for the 1987 crash – and the current crash, as well. Facilitating instantaneous execution of enormous blocks of stocks, index stocks and futures resulted in blind selling of stocks as the market fell, intensifying the decline in both 1987 and in 2008.

It gets worse. As a former boss of a trading desk for a major firm, I was invited to a key conference in San Francisco the week Lehman Brothers went down. I was astonished, stunned, and shocked to find that, on the day Lehman Brothers was flogged out of business, no one cared. The only subjects on the agenda of these institutional traders were “dark pools” – trading through “private exchanges” like Sigma X, a Goldman Sachs company. These trades are never reported on the tape, but they can add millions of shares to the day’s trading volume and drive stocks up or down 5%, 10%, or 20% -- and “algorithmic trading,” a software application designed to take an outsized order, break it up into 100-300 share lots to make it look as if it is individual and not institutional trading.

If we are to reinstate reasonable trading and the confidence of the backbone of the stock markets, actual investors (rather than program traders,) we must reign in program trading, dark pools and algorithmic trading. It’s all trading. None of it is investing!

As a matter of fact, mutual funds, pension funds, hedge funds, et al, have come to admit – to themselves, at least – that they typically don’t beat the market or even individual investors. To goose their returns, they resort to flim-flammery. If you doubt it, look at a chart of options trading in any given month. You’ll find a disquieting pattern. With institutions comprising 76% of all trading (up from just 6% in 1950) the people entrusted with your pension money are resorting to rank gambling. Note from as many charts as you care to view that the week before options expiration most often tends to be negative -- due to program-selling that depresses the market so the sellers can buy expiring-in-a-week options for next to nothing. It doesn’t always happen, but the sheer volume of the transactions confirm that it is the institutions that talk about buying and holding for the long term that are doing this. Of course they want to make sure you and I are locked in for the long term – they need the float to goose their returns by buying options for a dime on the dollar, then selling them a week later in response to their own colossal underlying stock buy-programs which drive the market back up and let them take their day-trading profits on the options.

If we are to ever enjoy a reasonable market again, we must level the playing field. No naked shorting. At all. Reinstate the uptick rule. For everyone. No program trading once the market has moved “x” percent. None. No algorithms to hide actual activity. Period.

Now that you know this, what can you do to protect yourself? Two things:

For the long term, don’t let the program traders panic you into making precipitous decisions. Their bonuses depend upon high volatility and an unfair advantage. Your future depends upon thinking longer than settlement date. So -- Buy when others are terrified. Yes, the economy is weak. So what? We’ve had recessions before. It isn’t the end of Western civilization. This, too, shall pass and, when it does, those smart enough to have bought when prices are astonishingly cheap will reap the rewards. On October 14, we began buying ETFs corresponding to the Dow (DIA), Nasdaq (QQQQ), and S&P 500 (SPY). We continued buying today. We’ll buy more tomorrow. We’ll still keep a prudent cash cushion (though I imagine a year from now we’ll wish we had bought more!)

For the intermediate term, buy some Central Fund of Canada (CEF) or streetTracks Gold ETF (GLD), two firms that own gold bullion; Market Vectors Gold Miners ETF (GDX), an ETF of gold producers; or some top-quality gold miners of your choosing. Like today’s stock markets, which are abused by program-trading institutions, gold is also an abused, some claim a “manipulated,” market. But the difference is that gold is manipulated by government economists and bureaucrats, so we already enjoy a level playing field against an opponent like that... Governments will sell gold to keep their paper currencies from falling. If too many people rush to gold, it’s a (usually well-justified) vote of no confidence for that nation’s central bank. So be it. There is simply no way that 50 nations borrowing against their future to bail out their bankers and stockbrokers can be anything but inflationary. In the short term, the dollar may rise. In the intermediate term, it – and the other developed nations’ currencies – can only plunge. In that event, gold will keep us together.

Disclosure: Long DIA, QQQQ, SPY, GLD, GDX, and CEF.

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Warum ist Aixtron schon wieder das Allerletzte im TecDax ?  

das doppelte Lottchen scheint sich durchzusetzen,aber wer zuletzt lacht,lacht am besten  

um ins Plus zu drehen , jedenfalls deutet der Futures darauf hin, aber man kann sich im Augenblick auf nichts mehr verlassen.  

gehen davon aus,so mein Gespür,das es morgen ein stück billiger wird.
Man kann dabei auch im falschen Boot sitzen.Ich hätte Heute gekauft habe aber Gestern zugegriffen.  

hätte,würde,wehre, na mal schauen ob der ami heute noch etwas zulegt oder aber kurz vor feierabend wieder als zunichte macht, bin heute auch rein. L&S 3,35-3,48 & tradegate 3,40-3,60. los ami die 9000 wollen wir sehen  

geht doch, die 9000 hat er zwar nicht ganz gehalten, aber auch egal von einem tief bei 8200 auf 9000 einfach geil, ich hoffe alpha du bist nicht short oder tango etwa, eröffnung morgen 4800 bis 4900

gute nacht jungs , morgen wird bestimmt ein schöner tag