Short DAX at 7740

[JSSPMK]

Quote from ASusilovic:

In one word => pretty bearish...

Is that today's data?

 

[ASusilovic]

Quote from JSSPMK:

Is that today's data?

Yesterday.

 

[JSSPMK]

Quote from ASusilovic:

Yesterday.

What I meant to say was do you value 1 day's worth of data?

 

[makloda]

Quote from JSSPMK:
What I meant to say was do you value 1 day's worth of data?

I think that's the accumulated interest in that option expiration (Contracts traded = 105,821).

 

[JSSPMK]

Because I am a piker I do not work off a daily chart, but I found this article on put/call ratio interesting, some very wise quotes there also.

http://www.zealllc.com/2002/putcall.htm

 

[ASusilovic]

Quote from JSSPMK:

What I meant to say was do you value 1 day's worth of data?

No, of course not. As far as to the informational value of the data, you might never know exactly what the intentions of the market players are....

Hedging or bearish view ?

 

[JSSPMK]

Quote from makloda:

I think that's the accumulated interest in that option expiration (Contracts traded = 105,821).

So it is 1 month's worth of data, OK, thanks.

 

[JSSPMK]

Quote from JSSPMK:

That's what I see on 2 hour chart, so fingers crossed mates.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1618825>

Looking to sell near 8000 or earlier depending on failure swings which so far we have 2nd attempt at MOC.

 

[JSSPMK]

Short 3, maybe it's ready

Hopefully those failure swings will mark a start to some retracement, 2 hour chart is now wel ready, histogram made 3rd lower peak and now crossing over the centreline.

Scaled out 1 +9.5

 

[JSSPMK]

Scaled out 2nd +22.5