Short DAX at 7740

[Topsurfi]

Quote from ASusilovic:

There is no "Black Tuesday" or "Black Monday" or "Black Whatsoever" ! Only buying opprtunities, opportunities, opportunities....history proves and repeats....

looks like US investors hedged by selling European stocks since US had holiday.
I think we will see some rebound in Dax once ES (now limit down) reopens together with US stock market.
The problem in these trading days is that there is no experience we can rely on so it is better to stand aside (imo).

 

[syrre]

BUY PERMABULLS

 

[younouss]

Quote from syrre:

BUY PERMABULLS

I'm flat but seriously how can you short this market and where?

 

[syrre]

Short?
Im not playing for the other team, im full fledge member of team long.

 

[RedDuke]

I am staying away. The depth is way too thin and the spread is constantly jumpimg to 4-5 ticks.

 

[younouss]

Quote from syrre:

Short?
Im not playing for the other team, im full fledge member of team long.

ok!

waiting for the short squeeze...

 

[RedDuke]

I just saw spread as wide as 11 ticks, I have never seen it before.

 

[syrre]

Biggest DAX pos ever at 6500 :eek:

 

[syrre]

DAMN
Phew!

 

[ASusilovic]

Here is a piece of paper from Deutsche Bank ( unfortunately only in German language ), anlayzing consequences of the subprime crisis. At page 32 is a funny headline question ( translated ) :

"Have U.S. mortgage bankers been on drugs ?

http://www.dbresearch.com/PROD/DBR_INTERNET_EN-PROD/PROD0000000000218883.pdf