Short DAX at 7740

Quote from archimg77:

You old fox, you knew it, :-), I see next month put options 150% up, good job.

VIX jumped tremendously yesterday. I have two conerns :

SPY put options with largest open interest are all in the money. Goldman hearing yesterday has not revealed anything "spectacular". So, basically sovereign debt is still the story today. Let's see what German lawmakers are "sinking" about the bailout for Greece :

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Quote from Alexandre:

we have a gap to fill plus several intraday gaps

we should hit 6290 today

short @6331

taking off half @ 6135 for almost 200 points profit, nice ride, next stop is 5950 by end of week
 
Quote from David M:

over 100 point rally of the low .... gesh !

what sparked the recovery ?

Usual buy the dip scenario. IMF and EUR countries to print another 120 bn - and that's it. More money into the system means more money for speculators...:)
 
Quote from ASusilovic:

Usual buy the dip scenario. IMF and EUR countries to print another 120 bn - and that's it. More money into the system means more money for speculators...:)

More speculators and more of bullshit rally's we will have, anyhow amazing short squeeze from the lows!
 
Nach den Herabstufungen Griechenlands, Portugals und Spaniens wächst in Deutschland die Kritik an den Rating-Agenturen. Die Politik will die Macht der Agenturen deutlich zurückdrängen: So sprachen sich Bundesaußenminister Westerwelle und die SPD dafür aus, für die Bewertung von Bonitäten eine unabhängige europäische Behörde einzurichten. Die Grünen fordern weit mehr als das....
 
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