Short DAX at 7740

Quote from ASusilovic:

Hum...FDAX 2 % away from this years high in the middle of a European sovereign debt crisis ? Who´s wrong - equity investors or bond investors ? :cool:
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well, ya know, the ZEW #'s were so good it just HAD to go up.:eek: makes even more sense with the relatively less exposed US still 10% off its highs. wtf.

i really wanted to short the DAX at teh US close today but, after getting my dick handed to me in pieces shorting teh DAX lately, i thought better of it.

i've known for a good long while that teh markets are not a level playing field. that said, the markets i see the past year are akin to a boxing match where one of the fighters is taking a dive. those who orchestrated the dive get to place risk-free bets whilst the lemmings gamble.

up 200, down 200 and magically all the IB's have trading divisions who don't have a single losing day in a quarter. too bad our heroes in congress don't have a clue who they should really be grandstanding to. 70% of volume is bs machine manipulation with snapshots of our orders in advance. it boggles my mind how this shit is going on in 2010. it's like stealing in broad daylight with the thieves casually walking away whistling (ok, driving away- their new ferraris).

/rant

and, yes, i know as a trader i have to adapt. i'm actually having an ok year so far (knock wood), but the farce that our financial markets have become is offensive to me.
 
Quote from ASusilovic:

So did we finally manage to fill one of these cash gaps ? Buying some Sep calls for cheap money...
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Cashing in on these Sep calls, reinvest deep OTM Sep puts.
 
Quote from Alexandre:

strange weakness in the FDAX in the last hour....

IMF in Spain....problems over the week end?
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Can´t confirm any Spain rumors. To the contrary, the playing ball is back in the US...
 
Quote from ASusilovic:

Can´t confirm any Spain rumors. To the contrary, the playing ball is back in the US...
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yeah, nothing is happening, was long strangle and this week has eaten my time value quite considerably.
 
Quote from archimg77:

yeah, nothing is happening, was long strangle and this week has eaten my time value quite considerably.
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That´s why I use strangles mostly a bit different in "uncertain" chart situations. Preferably, I am closing out one of the legs and using the other leg as a hedge...:) Doesn´t work always, though.
 
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