Short DAX at 7740
- Thread starter ASusilovic
- Start date
Core view intact: Short-term downside followed by a large rally
Our central view for the market has been that the first half of the year will be extremely volatile and the DJ Stoxx could fall to â¬160 due to increasing deflation risks being priced in. However, we thought, and still believe, the markets could stage a rebound of 30%-50% off the lows in the second half of the year over the following 6-12 months. However, for this to happen, we need more stable macro data, a fall in credit risk premiums and the equity market to be resilient to bad news, none of which is evident.
Our central view for the market has been that the first half of the year will be extremely volatile and the DJ Stoxx could fall to â¬160 due to increasing deflation risks being priced in. However, we thought, and still believe, the markets could stage a rebound of 30%-50% off the lows in the second half of the year over the following 6-12 months. However, for this to happen, we need more stable macro data, a fall in credit risk premiums and the equity market to be resilient to bad news, none of which is evident.
Thanks, thanks, long, short, short, long, it changes all the time but I do not trade only dax.
I see dax closing ask 3825, for me at 9pm and I left position over the weekend and maybe it goes up on Monday morning again to 3850.
By the way, I agree with the idea of 30-50% recovery but before it goes towards 3000-3500, lets hope.
So, maybe we can see 4500-5000 somewhen in the year.
Question:
What is P/E for DAX at the moment?
What is the expected yield?
Do you know that info or where can I get it?
thanks
Goldman Sachs Research Team, London Desk, Peter Oppenheimer.
I guess we are on the way to 2000 now, OMG when it was kissing 8000 2000 seemed like an impossible projection, though now, only a few months down the line we go from 'all rosy' to total slump, great for daytrading, but not so cool once you realise what it may lead to, unless a 'remedy' is found & most importantly agreed upon by G8, otherwise say bye-bye to a global economy as we have come to know & live in with all its benefits.
chart from 17/01/2008
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1752028>
chart from 17/01/2008
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1752028>
Buying June 3700.00 straddles.
Tell me about it. just getting hammered here with the DAX and not following the S&P
