Short DAX at 7740

Quote from ASusilovic:

Some parties are ganging up and play ES / FDAX correlation game....:)
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hmmmm...........what do u suggest. its being on the upper limit for some days however we getting into a new trading range . all this based on my own model
 
Quote from killATwill:

no, it's i'm desireable cuz i have hiv, not full blown aids.
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LOL.........

by the way.. HIV only projects to fullblown AIDs in the in the pessimist world......

to the opptimist...........miracles happen.
 
Quote from xty:

LOL.........

by the way.. HIV only projects to fullblown AIDs in the in the pessimist world......

to the opptimist...........miracles happen.
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I guess if your magic johnson and have 100 mil.....
 
Quote from xty:

Asus............the comzbank number was below expectation right.............?
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Above expectation. Consensus was for - 300 million EUR. Actually - 201 million EUR.

Commerzbank posted an operating result of minus EUR 201 million for the second quarter of 2009 (Q1 2009: minus EUR 591 million). The significant improvement of EUR 390 million can particularly be attributed to lower charges on structured credit products, the so-called ABS portfolio. At the same time, the core segments of Private Customers and Mittelstandsbank again achieved an operating profit (totalling EUR 206 million) in spite of the ongoing difficult market conditions. Corporates & Markets improved its mandate flow in the area of corporate finance, thanks to the integration of the investment banking unit of Dresdner Bank. The segment's operating profit improved quarter-on-quarter by EUR 913 million to stand at minus EUR 231 million.

"2009 will remain a challenging year, but we are heading in the right direction. We are continuing to implement the 'Roadmap 2012' consistently and we are also running perfectly to schedule with the integration of Dresdner Bank", said Martin Blessing, Chairman of the Board of Managing Directors of Commerzbank. "Over the last few months, we have managed to considerably reduce risks and balance sheet size. Nevertheless, we are ready to meet the German Mittelstand's demand for loans. Our total lending to Germany-based companies stands at a record level of EUR 134 billion.Due to the general economic environment we expect the demand for loans to decline in the second half of the year."

https://www.commerzbank.de/en/haupt...n_1/2009_5/ir_nachrichten_detail_09_2566.html

Record lending through the worst recession since WW II. Excellent preposition for further losses in its credit portfolio going forward.

For the year as a whole, Commerzbank continues to forecast loan loss provisions at the previous year's level.

LOL !!!!!! :D :D
 
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