Short DAX at 7740
- Thread starter ASusilovic
- Start date
Quote from Alexandre:
ah ah ah, this is all bull...t, nothing will save the Germans and the world, not even a bunker
Of course nothing will save the Zermans. Until then we might see 6017.00 today.
6000.50. Exit. Waiting for the next dip buying opportunity.
Buying 5908.00 or better. 5850, 5650, 5900 puts still in place. Brin it on bearz....
Boston, June 29, 2010 âtate Street Global Markets, the investment research and trading arm of State Street Corporation (NYSE:STT), today released the results of the State Street Investor Confidence Index® for June 2010.
Globally, Investor Confidence rose 1.3 points to 89.7 from Mayâs revised reading of 88.4. Confidence continued its decline in North America, falling 6.3 points to 92.2 from Mayâs revised reading of 98.5. Other regions, by contrast, saw an improvement in confidence. Among European investors confidence rose 5.4 points from 92.3 to 97.7, and in Asia, similarly, confidence ticked up 1.7 point from 100.9 to 102.6.
Developed through State Street Global Marketsâ research partnership, State Street Associates, by Harvard University professor Ken Froot and State Street Associates Paul OâConnell, the State Street Investor Confidence Index measures investor confidence on a quantitative basis by analyzing the actual buying and selling patterns of institutional investors. The index assigns a precise meaning to changes in investor risk appetite: the greater the percentage allocation to equities, the higher is risk appetite or confidence It is based on actual trades rather than survey data, and as a result it captures the sentiment of institutional investors with unique precision.
âDespite seeing a rise in confidence globally, North American institutional investors remained jittery this month, and their risk appetite returned to levels last seen in spring 2009,â commented Froot. âQuestion marks remain over the state of the US job market and overall US aggregate demand and these, in turn, have led to diminished expectations about the pace of economic recovery.â
"We do see some evidence of a stabilization in risk appetite outside North America,â added OâConnell. âIndeed a look at the underlying data confirms that the strongest regional flows are into emerging markets, with the exception of emerging Eastern Europe. In addition, institutions outside of North America have been steadily accumulating US equities.â
Lowest sentiment levels since Lehman bankruptcy...
Globally, Investor Confidence rose 1.3 points to 89.7 from Mayâs revised reading of 88.4. Confidence continued its decline in North America, falling 6.3 points to 92.2 from Mayâs revised reading of 98.5. Other regions, by contrast, saw an improvement in confidence. Among European investors confidence rose 5.4 points from 92.3 to 97.7, and in Asia, similarly, confidence ticked up 1.7 point from 100.9 to 102.6.
Developed through State Street Global Marketsâ research partnership, State Street Associates, by Harvard University professor Ken Froot and State Street Associates Paul OâConnell, the State Street Investor Confidence Index measures investor confidence on a quantitative basis by analyzing the actual buying and selling patterns of institutional investors. The index assigns a precise meaning to changes in investor risk appetite: the greater the percentage allocation to equities, the higher is risk appetite or confidence It is based on actual trades rather than survey data, and as a result it captures the sentiment of institutional investors with unique precision.
âDespite seeing a rise in confidence globally, North American institutional investors remained jittery this month, and their risk appetite returned to levels last seen in spring 2009,â commented Froot. âQuestion marks remain over the state of the US job market and overall US aggregate demand and these, in turn, have led to diminished expectations about the pace of economic recovery.â
"We do see some evidence of a stabilization in risk appetite outside North America,â added OâConnell. âIndeed a look at the underlying data confirms that the strongest regional flows are into emerging markets, with the exception of emerging Eastern Europe. In addition, institutions outside of North America have been steadily accumulating US equities.â
Lowest sentiment levels since Lehman bankruptcy...
Credit Suisse Global Risk Appetite :
Risk Appetite lately:
Global RA Equity-Only RA US Credit RA
28-Jun-2010 -1.95 -0.47 -1.18
29-Jun-2010 -2.52 -0.59 -1.36
30-Jun-2010 -2.6 -0.38 -1.4
01-Jul-2010 -2.86 -0.48 -1.53
02-Jul-2010 -2.73 -0.14 -1.48
05-Jul-2010 -2.81 -0.22 NA
Risk Appetite lately:
Global RA Equity-Only RA US Credit RA
28-Jun-2010 -1.95 -0.47 -1.18
29-Jun-2010 -2.52 -0.59 -1.36
30-Jun-2010 -2.6 -0.38 -1.4
01-Jul-2010 -2.86 -0.48 -1.53
02-Jul-2010 -2.73 -0.14 -1.48
05-Jul-2010 -2.81 -0.22 NA
For now, it´s a simple vola play - set on repeat everytime we are moving above 5900.00. Seems everybody is waiting for FED QE II.
For the ones who are not hedged until now, my condolences.
FRANKFURTâThe Deutsche Bundesbank and German financial-services regulator BaFin Monday sent stress-test questionnaires to the 16 German banks that will have to participate in the Europe-wide test, a person familiar with the matter said Wednesday.
Banks had to approve the publication of the stress-test results by sending a declaration of consent to the authorities by Tuesday evening, this person said.
Banks had to approve the publication of the stress-test results by sending a declaration of consent to the authorities by Tuesday evening, this person said.
these stress tests are uber-bulls..t, we all know that. Just another trading opportunity.
Below 5820 is the void. I guess we'll see an attempt around 5820 to bid up the market on the back of put rehedging from long put holders. Put writers are fully hedged with short deltas well in excess of theroretical deltas. They will not lift their hedge.
Once we break 5820 and S&P breaks below 1000, fasten your seatbelts.