Short DAX at 7740

[ASusilovic]

Hedging. Entering ATM 6250.00 Oct puts. Adding FDAX long.

 

[ASusilovic]

German Sep. ZEW index falls to -4.3 vs. 14.0 Aug.



Good to know what German investors "think"...

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[ASusilovic]

Flat FDAX.

 

[ASusilovic]

The German government will stick to its plans to cut spending by €80bn over the next four years, in spite of improving tax revenues stemming from a sharp economic recovery in the current year, Wolfgang Schäuble, finance minister, insisted on Tuesday.

In his budget speech to the Bundestag in Berlin, he forecast slower but steady growth in the gross domestic product of Europe’s largest economy in 2011, while maintaining that measures to cut government borrowing were essential for the coming years.

 

[esmjb]

is the transaction tax still on the table?

 

[archimg77]

Quote from ASusilovic:

Long 0.001200 October JPY calls, short underlying.

You didn't say that you've got friend in BOJ as well, .

It is a bit contra behavior of DAX, moving sidewise.
I guess, we are waiting for econ news?

 

[ASusilovic]

Short FDAX 6262.00.

 

[ASusilovic]

Some strange observations today. UK retail sales -0-5 %. GBP/USD "only" down 0.17 %. FTSE down "only" -0.08 %.

Hum, am I missing anything ? Maybe the UK´s austerity package has been postponed for 10 years, or ?

 

[ASusilovic]

Exiting some FDAX, buying 6350 Oct calls.

 

[archimg77]

Quote from ASusilovic:
Exiting some FDAX, buying 6350 Oct calls.

What changed your view?
Unwillingness to break down?
Geithner is going to speak later on...