60 min SMA resistance, did not happen in the last 2 1/2 months, but now ...4824.00...
Short DAX at 7740
- Thread starter ASusilovic
- Start date
Settlement price 4841.00. I expect late session to end either above or near settlement price. So we can expect some positive underlying for ES...
Quote from ASusilovic:
Settlement price 4841.00. I expect late session to end either above or near settlement price. So we can expect some positive underlying for ES...
Porsche = hedge fund wrapped in a publicly traded company shell....
Porsche and Piech families have some kind of internal feud going on. That´s it.
Porsche and Piech families have some kind of internal feud going on. That´s it.
German business confidence rose for a third month in June, providing further evidence that the recession in Europeâs largest economy is easing.
The Ifo institute in Munich said its business climate index, based on a survey of 7,000 executives, increased to 85.9 from 84.3 in May. Economists expected a gain to 85, the median of 34 forecasts in a Bloomberg News survey showed. The index reached a 26-year low of 82.2 in March.
Germanyâs worst economic slump since World War II may be bottoming out as a global recovery improves prospects for exports. Manufacturing orders held steady in April after increasing in March and investor confidence rose to a three-year high in June. The coalition government led by Chancellor Angela Merkel, who faces national elections in September, is spending about 85 billion euros ($118 billion) to stimulate growth. Still, the Bundesbank expects the economy to shrink 6.2 percent this year and stagnate in 2010.
The Ifo institute in Munich said its business climate index, based on a survey of 7,000 executives, increased to 85.9 from 84.3 in May. Economists expected a gain to 85, the median of 34 forecasts in a Bloomberg News survey showed. The index reached a 26-year low of 82.2 in March.
Germanyâs worst economic slump since World War II may be bottoming out as a global recovery improves prospects for exports. Manufacturing orders held steady in April after increasing in March and investor confidence rose to a three-year high in June. The coalition government led by Chancellor Angela Merkel, who faces national elections in September, is spending about 85 billion euros ($118 billion) to stimulate growth. Still, the Bundesbank expects the economy to shrink 6.2 percent this year and stagnate in 2010.
Was he?
His "massive short covering rally" that he proclaimed at 4750 kind of fizzled out around 5000 and now we're back at 4750.
That facts as it stands is that Goldberg's massive short squeeze that he predicted never happened after he predicted it. It happened in March and April, not in May when he predicted it.
Topsurfi, maybe you are suffering from "cognitive dissonance"?
Buying below 4690.00 and better. 5178 * 10 % correction = 4660.00, or ? 
Dynamic hedge in place. Buyer 4685.00 or better !