Short DAX at 7740

Quote from Alexandre:

sounds good, I see 5766-5780 as spike zone, if we overcome it we may target 5880

Yeah, yesterday the whole world was convinced 1000 % about European sovereign debt fears, credit contagion, Libor/OIS spread rising, HY bond spreads rising, corporate bond spreads rising, 2 years bank swaps rising, EURO in the sh.t, soverign CDS on the surge...

TODAY EVERYTHING IS SOLVED :D :D :D

FAST AND FURIOUS....:cool:
 
i like how eur.jpy drove the dax higher; yet, when the currency started to drop, the dax powered ahead another 25 points and made new highs just as the currency was taking out multi-hour lows.

for a long time i felt the hang seng was the most manipulated contract- i'm revisiting that thinking. the past couple of months, the dax does these decouplings and just goes wherever 'THEY' want. leaving me feeling like someone's bitch far too often.
 
Quote from Full Tilt:

i like how eur.jpy drove the dax higher; yet, when the currency started to drop, the dax powered ahead another 25 points and made new highs just as the currency was taking out multi-hour lows.

for a long time i felt the hang seng was the most manipulated contract- i'm revisiting that thinking. the past couple of months, the dax does these decouplings and just goes wherever 'THEY' want. leaving me feeling like someone's bitch far too often.

Germany has become a safe haven for many European investors. Money is flowing into German government bonds and Schatzanleihen. German exports are flourishing.
 
May 27 (Bloomberg) -- Deutsche Bank AG Chief Executive Officer Josef Ackermann said the global economic rebound remains susceptible to shocks such as the sovereign debt crisis.

“The after-effects of the financial crisis can still be felt,” Ackermann, 62, said in a speech at the annual shareholders’ meeting in Frankfurt today. “There are new problems to deal with, especially in terms of public finances and country risks as well as the stability of our currency.

...
 
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