Short DAX at 7740

Seems old record playing on Wall Street :

I don´t trust you, you don´t trust me. Together we worsen subprime mess !

You downgrade us, we downgrade you...
 
Quote from wiseass:

i just saw 2 readings in the time&sales >3000 abt 5 seconds apart without price moving an itch. whats that about?
this is through IB data
More...

Large block trades are allowed to take place by negotiating between 2 parties. Once the trade takes place, they appear on tape. X-Trader has interface disigned for such trades.
 
Topic talk of the day :


Emilio Botín, chairman of Santander, on Thursday pulled off an impressive deal by selling Banca Antonveneta, an Italian bank it had just acquired, for an instant 60 per cent profit. Monte dei Paschi di Siena, the world’s oldest bank, said it had acquired Banca Antonveneta from Santander for €9bn. Santander has only just received Antonveneta as part of the carve-up of ABN Amro. It had valued the Italian bank, which has a 3 per cent market share, at €6.6bn. As part of the deal with MPS, Santander will keep Antonveneta’s corporate banking division, which is separately valued at about €1bn. As a result, Santander estimates it has made an instant capital gain of about €3.4bn out of the sale.

That´s what I call a cool "trade"...:p
 
there are important things happening in the Dax during the last 10 days. There are really big pockets still collecting every Fdax they can get. So believe me, there is still a huge imbalalance between the week hands (that sold) and the strong hands (that collected them).

You can assume that once the bad news are relaxing a little bit (oil, Euro, etc) this thing will explode to and above the old highs since all the weak hands will start covering.

I have only the idea that it might be china diversing their money from Dollar into Euro-Stocks. It does not matter who it is anyway.
Only a real crash in USA could halt this scenario.
 
You must log in or register to reply here.
Back
Top