Short DAX at 7740

Quote from Topsurfi:

Goldberg vom Cognitrend just presented the latest numbers in NTV. There was never such a bearish sentiment in their survey in Dax.
He is convinced about a massive short squeeze coming.

Topsurfi,

still believing in V shaped recovery ?
 
Quote from makloda:

Last name starts with "Gold..."? Sorry thats when I stop listening :cool:

here is the report (German):
http://www.boerse-frankfurt.de/DE/index.aspx?pageID=44&NewsID=3812

He got it quite right the last 14 months.
I strongly believe sentiment is an important factor.
Of course its always possible to ignore stuff that does not fit in its own opinion. I am aware that I have a bad standing in this Dax thread with my opinion we see 5500 coming and only bears here.
 
Quote from ASusilovic:

Topsurfi,

still believing in V shaped recovery ?

We will not see new Dax highs for many years, but I bought all the way down since last October because I was always convinced we would see 5500 again. I have no reason to change my plan yet and have only hedged 50% of my positions now and will increase that to 100% when we reach Dax 5500.
I want to hold most of the stocks I bought 2008 to get the returns tax free, so need to hold them and can only hedge if I think the time is right. Right now I have a big smile on my faxe if I look at my portfolio.

New highs will be made in emerging markets, its better to play them longer term anyway. I have a lot of positions that are more than +50% now.
 
Quote from Topsurfi:

here is the report (German):
http://www.boerse-frankfurt.de/DE/index.aspx?pageID=44&NewsID=3812

He got it quite right the last 14 months.
I strongly believe sentiment is an important factor.
Of course its always possible to ignore stuff that does not fit in its own opinion. I am aware that I have a bad standing in this Dax thread with my opinion we see 5500 coming and only bears here.

Goldberg is known for his sentiment index. You should also be familiar with the methodology his indicator is calculated :

http://www.boerse-frankfurt.de/DE/index.aspx?pageID=44&NewsID=376
 
Land Securities, the UK’s largest property company, has warned that hopes for a recovery in the battered real estate sector are premature after it revealed a record £4.7bn fall in the value of its estate. The group reported a pre-tax loss of £4.8bn, the largest ever in the sector, against losses of £988m in 2008. The full-year results, while broadly in line with the sector benchmark, will scotch a recent rally in which LandSecs’ shares jumped 64% from a five-year low in March. On Wednesday, its shares fell 13% to 468p.

Fairytales of bottoming real estate market made in U.K.:cool:
 
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