Short DAX at 7740

Quote from ASusilovic:

Jerome Kerviel like behavior in FDAX.
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agreed. however, i am leary of this opinion because everyone with a brain thinks the extent of this rally is complete bullshit. i'd be a lot more comfortable committing to a short if the 'smart guys' were as giddy as the market is. seems the skepticism is fueling this thing at this point- people on teh sidelines piling in so as to not miss the rally whilst shorts are forced to cover with some flipping to the long side.

it will turn at some point, but at what point. we've had a couple golden opportunities that the bulls prevailed with colours.

and, a new high for the day...
 
Quote from ASusilovic:

Jerome Kerviel like behavior in FDAX.
More...

I remember perfectly that day: one of my biggest loss in one session... But I don't agree though. We have some intraday short before going up, okay yesterday was tricky but today's chart is clean.
 
Quote from David M:

younouss, thanks for pointing that out :)


Asus , you holding the puts intraday?
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Let´s see what dynamic hedging can do for me...let´s see what US markets can do for me...let´s have some fun !

:)
 
Quote from David M:

Asus,
What does your crystal ball tell ya?
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My crystal ball tells me that my straddles work fine, that my FDAX position is not that fine and that I will sell into the "good news" flow.
 
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