Short DAX at 7740

[JSSPMK]

Quote from ASusilovic:

Don´t forget, still my kick-ass boots on....

Well go & kick ES then

 

[ASusilovic]

Quote from JSSPMK:

Well go & kick ES then

I boght some stuff at 1523.00 and 1526.00....can´t do much more !

 

[JSSPMK]

Quote from ASusilovic:

I boght some stuff at 1523.00 and 1526.00....can´t do much more !

Are you averaging you buy orders?

 

[ASusilovic]

Quote from JSSPMK:

Are you averaging you buy orders?

Have not been 100 % sure about the low of the move, so I just bought a little bit more !

 

[JSSPMK]

But no similar set-up on ES, only 4 hour leaves positive expectancy for next week.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1647533>

 

[makloda]

So whats going on in the DAX again? ES down 1.6%, DAX down 0.3 now @ 2:44pm EST. What's lending the DAX support? Opinions?

 

[ASusilovic]

Quote from makloda:

So whats going on in the DAX again? ES down 1.6%, DAX down 0.3 now @ 2:44pm EST. What's lending the DAX support? Opinions?

It´s me !

 

[ASusilovic]

Very bad day ! Especially ES ! I warned about the implications of SIV´s and the repeating problems in commercial paper markets and did not stick to my own analysis !

 

[Topsurfi]

Quote from ASusilovic:

Very bad day ! Especially ES ! I warned about the implications of SIV´s and the repeating problems in commercial paper markets and did not stick to my own analysis !

Dax made another strange day today. For hours, it did not seem to take notice of the ES decline, there was no volume and no sellers. At a certain point they gave up though, but still the Dax decline should have been 2-3x higher compared to other days where we had similar declines in ES.
We seem to have a severe change in Dax behaviour.

 

[ASusilovic]

The setup for Monday is perfect. News headlines around the world recalling "eerie similiraties" with 1987 crash !

I think we will see Monday a big surprise for BEARZ. Name of the game will be "bargain hunting". I will be a buyer on dips !