20081215

The situation hasn't changed too much:



More details on intraday chart:



Small volume and coming Triple Witching day (this Friday) make the general situation confusing. FW20Z08's volume is quite big, there we can expect some volatility. I believe that being defensive or having small position is the best approach now. Brian Shannon mentions general hesitance in his video also in US market.

There is an interesting speech from Investor and Trader blog (here), aside other things, there is 50 million fraud mentioned (more on it below).

More information on Bernard L.Madoff Investment Securities LLC: freezing assets' order  (here), estimated exposures (here), general discussion on impact (here), Bernard Madoff Wikipedia entry and Bloomberg's video news (here). You can still read company profile here.

Sources:
[http://www.madoff.com]
[http://www.irishtimes.com/newspaper/breaking/2008/1215/breaking9.htm]
[http://www.madoff.com/letters/Signedorder.pdf]
[http://www.madoff.com/dis/display.asp?id=203&mode=1&home=1]
[http://en.wikipedia.org/wiki/Bernard_L._Madoff]
[http://www.marketwatch.com/news/story/stock-futures-flat-firms-outline/story.aspx?guid={F0DF68A5-B857-483B-9F31-AF8DA36A207C}]
[http://www.investopedia.com/terms/t/triplewitchinghour.asp]