Short DAX at 7740

Quote from ASusilovic:
Making $$$$$$$$$$$$$$$$:p :p :p :p :p :p
More...
Congrats, don't forget to protect the gains with stops, the market has been unforgiving to bears as of late :(
 
Hitting Fibonacci Retracement 0,250( 03/14/2007 low 6483 - 04/06/2007 high 8021 ) at 7631...Maybe testing break-out / old highs at 7578...Tapped my Premium Vodka...Na zdarovje, guys !!:p :p
 
Perfect world today...ES hunting stops below 1507,75 ( low 05/24/2007 )...DAX following in sympathy / brotherhood ( American-German friendship )...:p We may see 1498,50 ES
 
I remember the good old days when resistance and support lines were played schoolbook-like. Nowadays it seems that the quant guys and other market participants don´t care anymore about simple market rules...well, adopting this herd-like-mentality might be one solution...but when I take a look at market fluctuations, i.e. vola, I just can comment :

SILLY, SILLY, SILLY ( sometimes I have the feeling that only sheeps are running around the markets and asking myself who´s the alpha dog in this game..)

From a traders´point of view, I have to admit that I always appreciate vola...But still, you see me shaking my head watching these exxagerated moves...

By the way : next support DAX : 7433. Have fun ! :D
 
Look for 7700 DAX rebound...still long over here..market exaggerated rise in U.S. yields over 5 %..see no inflation on the front...buy opportunity...
 
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