PPM MONEY PLUS U.S. BULLS EQUALS BYING SPREE

Late US turnaround Friday, despite disasterous Macro data, signals continued Bear-Market Rally. I´m calling it like I see it. Huge moves upwards in thin markets can be nothing else. PPM money coming into markets by close tomorrow and it is being fronted left, right and center. Index heavy stocks posting huge gains, with NDA SS, ERICB SS as main drivers, but also cyclicals (ATCOA SS, VOLVB SS, SSABA SS) the rest of the banks and Friday´s mega looser, HMB SS. This will no doubt reverse by tomorrows close. Be sure to look at short NDA SS vs long DNBNOR SS. Divergens a bit to excessive the past week or so, despite similar problems with shipping exposure. One trade that is looking better and better is to play a short in ERICB SS. If not outright, one should look to short some upside calls in January. I would be very surprised if they did not somehow revise their outlook for sales, market growth, and margins, given what is happening to CAPEX across the board.