Short DAX at 7740
- Thread starter ASusilovic
- Start date
Good to know that there are so many gutless bulls under way in FDAX. You can even place senseless short orders and makes some EUR.
China rally should give us some support. Some stocks in the US are at ridiculous low levels for long term investors.
I am and I would not be anymore too aggressive on the short side of the story.
And later in the day my highlight :
Goldman Sachs US and European Research:
Cordially invites you to participate in a conference call on the
GS Equity Strategy Outlook for US and Europe:
Roadmap to Recovery
Wednesday, March 4, 2009
08:00 New York, 13:00 London
Hosted by:
David Kostin- Chief US Equity Strategist and
Peter Oppenheimer- Chief European Equity Strategist
Topics for discussion:
- Key landmarks we look for to signal progress toward recovery
- Recent updates to GS's SPX price target and EPS forecasts
- Stress tests for risks along the way
Q&A session to follow
China rally should give us some support. Some stocks in the US are at ridiculous low levels for long term investors.
I am and I would not be anymore too aggressive on the short side of the story.
And later in the day my highlight :
Goldman Sachs US and European Research:
Cordially invites you to participate in a conference call on the
GS Equity Strategy Outlook for US and Europe:
Roadmap to Recovery
Wednesday, March 4, 2009
08:00 New York, 13:00 London
Hosted by:
David Kostin- Chief US Equity Strategist and
Peter Oppenheimer- Chief European Equity Strategist
Topics for discussion:
- Key landmarks we look for to signal progress toward recovery
- Recent updates to GS's SPX price target and EPS forecasts
- Stress tests for risks along the way
Q&A session to follow
240 min SMA 3763.00...need a breakthrough to the other side...
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If ES targets 718.25 then rally in FDAX, too. If retest lows of day for some stop fishing, look for some nasty action today. 
Quote from ASusilovic:
If ES targets 718.25 then rally in FDAX, too. If retest lows of day for some stop fishing, look for some nasty action today.
short at 3789.50 and 3791.5 since 5:50am and 6:10am ET, betting that ES at 700 will not hold
is this thru the options on DAX futures contracts, or an exchange traded SPY SPY equivalent? ie: ES=SPY DAX=? i ask because i've looked at the options on futures and they seem awfully thin to trade- esp. if you really want to get out "NOW".
as to today, i agree that the danger is on the short side. as ST oversold as we are, i believe we'll rally on the ADP report unless it's a magnitude above expectations. may headfake down first. question is whether i can stay awake long enough- these 18 hour trading days are taking their toll...
come on sellers!