Short DAX at 7740

if you look at the charts you will notice the estoxx refused to go below 4410 whilst the spoos dropped 9 handles. finally someone entered a massive sell order in estoxx and dax that caused the spike down, which was quickly reversed. that is the reason.
 
MSFT ! Very good numbers ! AIG a little bit in the spotlight because of subprime related write-downs. But manageable. If an insurer does not understand risk management, who does ?

Expecting upward bias with high oil prices being a drag on overall development.

May see retest of 8000 level and if ES breaks through 1530 even higher prices !

GL+GT

:p
 
Quote from JSSPMK:

Paper Long here 7985, as I am already long :)

What a classic shake out, bastards in one word.

<img src=http://elitetrader.com/vb/attachment.php?s=&postid=1655503>
 

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