Alm 2010

Have you tried the Feedburner Headlines? I am trying them now and will come back soon with results. They will show them for one week and I think they are really cool showing all my latest news in a banner. You can see an example on www.almberg2010.com and It is free to publish them on your own Site/Blog/Mail. Our blog http://alm2010.blogspot.com, which is under construction, also have them published. By getting a Technorati Profile I will also try out their service.

See the video with the Chinese star Wei Wei and FC Barcelona at http://www.go-girl-go.mobi/go-girl-go/portal.php . Click "Watch the new ..." and I hope you will like it. Today I like China.

GO-CHINA-GO

Have a look at Wall Street Journal in Chinese. Its never to late to learn a language that so many use.http://chinese.wsj.com/gb/index.asp

The VIX (volatility index) is down since friday close from 29 to 23. Thats a rather big move and shows us that market participants are turning less nervous. If anybody did take the oppurtunity of selling volatility last week it is rather okey to take nice profits now. I still think that a covered call strategy makes sense but of course it yields less now. One market stands out for the day, week and year. The Chinese mainland market. In Shanghai they trade their stocks at fresh all time highs and up more than 80 % on the year. What puzzles me is that nobody seems to take notice. I think the underlying strength in corporate profits and the "potential" that China represents for the corporate world will take us out of this credit mess stronger than we were before. Darwin rules so good becomes better and bad disappears.

Market data: (change compared to17 August)

I was showing the latest video with Wei Wei and the players of FC Barcelona here on the site for about a week. I had an enormous amount of chinese visitors. I am very happy for that and will because of the popularity of Wei Wei install Google translator. It will soon be possible to understand even if you dont speak english. Unfortunately it doesnt work to translate my swenglish to english.

Most markets were rather unchanged on thursday. In Japan Nikkei 225 showed a gain of 2.6 % which stands out from the rest of the picture. It was rather much a day off. I am still puzzled about what really is going on. Am kind of sure about that most participants have to find new trading/business models and that will take time. Until they are ready will the old school of participants rule. My feeling is that many in that group has been rather cautious for quite a while so with underlying profits and to them relative values at attractive levels maybe they will consider buying the market. For the ones that consider the trend to be their best friend many have decided to go short the market lately. That could sparkle a rally that I think still is very possible. There are two things that makes me nervous and both of them have to do with the theories used for measuring risk. We do not have random walk, constant interest rates and volatility levels. Writing calls and puts is selling insurance and I hope we don not find to much off that in balance sheets. Darwin rules so good becomes better and bad disappears.

Market data: (change compared to 22 August)