Short DAX at 7740

Quote from makloda:

Top two headlines on spiegel.de right now:

* German February Machinery orders implode, down 49% YoY
* German secretary of finance Steinbrück worried by worldwide inflation

Gotta love Steinbrück :cool:

need to screen capture that and use it as some sort of admissions test to the ECB; with the question, 'what's wrong with this picture'.

did they actually use the word, 'implode'?!?

down 49%... sounds too robust to me- time for an ECB rate hike. :eek:
 
Quote from makloda:

Top two headlines on spiegel.de right now:

* German February Machinery orders implode, down 49% YoY
* German secretary of finance Steinbrück worried by worldwide inflation

Gotta love Steinbrück :cool:

49 % seems to be the number "en vogue". Japanese exports "imploded" the same figure last month...
 
Quote from gangof4:did they actually use the word, 'implode'?!?
The correct translation would have been "fell apart in a dramatic fashion", but you get the picture :cool:
 
In the last three days three of the usual pundits called the bear market rally to fade :

Goldman Sachs, Morgan Stanley and now Citibank. That makes me shiver !:eek:
 
asu...........pls can u advise on how u cope with leaving positions to they get to the targets u want.

Most times i do get fairly good entries but i always take profits to early.

Any suggestion on how to handle this.

Suggestions from Brendan too will be appreciated (Mind you guys am one of those guys that never thought recession will affect my qualification)
 
4058-4062.00 should be some congestion area...


8:16 a.m.
U.S. March goods-sector cuts 327,000

8:16 a.m.
U.S. March service-sector cuts 415,000 jobs

8:15 a.m.
U.S. March ADP employment falls 742,000
 
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