Short DAX at 7740

xty · Oct 7, 2009

Quote from archimg77:

given gdp calculation method 0.1% is certainly within accuracy.

Hey, lets decrease gdp by 0.1% and then next quarter improve by 0.2% that we see a dip in gdp.
This will help to improve spending that is still missing in the recovery.
Well, if I've got no job, I'm not going to spend, am I?

U dont need a job to spend...........u have 401k type account s and mkt keeps going up........

thats ur own bailout from the government......

archimg77 · Oct 7, 2009

Quote from archimg77:

gut feeling and earnings will be as confirmation, .

past few days there is a steep trendline and it usually penetrates resistance.

As Asul said, we wait for bank earnings.

I had a bad lunch ... there is going to be a fight in my guts.

xty · Oct 8, 2009

short 5721 ...........couldnt resist the temptation

ASusilovic · Oct 8, 2009

Quote from ASusilovic:

Profit taking time. Taking some longs off the table. Too much of USD weakness buying.

Dollar Falls To Fresh 8 Month Low Under Y88.23. That's not good for Japan and the export industry.

Selling rest of my longs into this "rally". Entering some 6000 Nov calls. Oh, and buying some 5750.00 Oct calls, too - for the fun of it. Risk free money !

xty · Oct 8, 2009

Quote from ASusilovic:

Selling rest of my longs into this "rally". Entering some 6000 Nov calls. Oh, and buying some 5750.00 Oct calls, too - for the fun of it. Risk free money !

no puts...?

uexkuell · Oct 8, 2009

Another huge gap up in the midst of recession.

@ASusilovic:
May I ask why you aren't bearish in this case?

xty · Oct 8, 2009

Quote from xty:

short 5721 ...........couldnt resist the temptation

cant hold this any longer ..............close for 20 points

archimg77 · Oct 8, 2009

Quote from xty:

cant hold this any longer ..............close for 20 points

good stuff ...
However, I would have waited for news at 11am, :-)

.
(maybe it would wipe your 20 points but who knows.)

xty · Oct 8, 2009

Quote from archimg77:

good stuff ...
However, I would have waited for news at 11am, .
(maybe it would wipe your 20 points but who knows.)

I'm still a learner when it comes to trading dax direction wise

ASusilovic · Oct 8, 2009

Quote from uexkuell:

Another huge gap up in the midst of recession.

@ASusilovic:
May I ask why you aren't bearish in this case?

Short term bull, long term bear. If I see an opportunity to catch 60-70 FDAX points with a medium term long position, I would not miss it.