Short DAX at 7740

Quote from archimg77:

ZEW numbers quite good 56.1 and 54.9

Similar reaction to positive numbers as last couple of days.
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i hope is MM shakeout or i might be whacked on my first directional trade in a long time
 
Quote from xty:

i hope is MM shakeout or i might be whacked on my first directional trade in a long time
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hope usually means loss, :-), as you say good luck

Today is not a good day for directional trades, I guess.
I've no prediction what US house starts and PPI can be.
 
Quote from archimg77:

hope usually means loss, :-), as you say good luck

Today is not a good day for directional trades, I guess.
I've no prediction what US house starts and PPI can be.
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Very right.........

might have to take my losses here
 
Quote from bavorak:

US house starts will be up!
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which one of them are u related to....tim, ben or bama himself...........

so much confidence in that one line
 
Quote from xty:

which one of them are u related to....tim, ben or bama himself...........

so much confidence in that one line
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Besides some indicating headlines as to where sales will be, I am actively involved in this particular industry and belive it to be the case from my own personal experience.
 
By Mark Clothier

Aug. 18 (Bloomberg) -- Home Depot Inc., the largest home- improvement retailer, reported second-quarter profit that fell less than analysts estimated and increased its full-year earnings forecast.

This is also a supporting fact that the residential sector is moving forward
 
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