Short DAX at 7740

Quote from ASusilovic:

I am looking for 7700-7708 DAX target. Buying on dips.
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I personally would not be a buyer just yet, IMO down move not been played out to the full, but short term trades look good either way at the moment. Have you considered correlation between world markets?
 
We will see some more vola in the next couple of days as the hype about interest rates diminishes. Longer-term outlook is up ! Market consolidation at this point a very good circumstance and opportunity for laggards to enter the market.
 
I think we will some range-trading here in the next couple of days until interest rate chit-chat dies away...a little bit worried about what is going on in Palestine and about Iran Nuclear Program...IAEO ´s El Baradei and collegues loosing patience with the Mullahs in Teheran...maybe some political turmoil upcoming..
 
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