YAAAWN...!

Pretty Boring day tradingwise. PW from ELUXB SS, worse than expected sales numbers from HMB SS and ERICB SS trying to sneak a PW by us in the saturday edition of Dagens Industri. All expected if you are taking recent macro data into account. We are in a de facto recession. To expect growing LFL in HMB SS or to take ERICSSONs predictions of a flattish market seriously, you have to be mentally challenged. That said we acctually got a push upwards in the morning session, mainly driven by performance in Asia. As the day went on things deterioated, closing near session lows. ELUXB SS losing ground in the afternoon, ending almost 10% down. Volumes close to non-existent across the board. All in all an uneventful day. Let´s see how the US holds up.