Short DAX at 7740

Quote from ASusilovic:

French industrial production June - 1,7 %. Ouch.

GBP Consumer Confidence down from 61 to 56.

AUD consumer confidence down from 11.1 to 5.4.

Well, got burnt on the last one.
I mean, I had open buy when touched, missed it by 10 points.

Otherwise, I see dax 6220, well, I closed 1/2 of my puts after Fed with small profit. I may stay on sidelines, I usually loose money in this kind of market.

Any idea when may be good idea to reshort?
 
Quote from ASusilovic:

French industrial production June - 1,7 %. Ouch.

GBP Consumer Confidence down from 61 to 56.

AUD consumer confidence down from 11.1 to 5.4.

Taking some shorts of table 6198.00.
 
Quote from archimg77:

Man, I don't see a driver here but entered 6150 puts just in case you are right.

Do you still hold these 6150 puts ? :)

I am still holding 5850, 5950, 6050 and lately 6150...:) :p :D

Just in case QE II doesn´t work out the FED would "like it"...:D
 
Quote from ASusilovic:

Do you still hold these 6150 puts ? :)

I am still holding 5850, 5950, 6050 and lately 6150...:) :p :D

Just in case QE II doesn´t work out the FED would "like it"...:D


No, I am out with good profit, could have been double if I was still holding it.
I do not have patience to hold longer, do not like large spreads and theta.
Being on holiday, I am watching market from sidelines at the moment.

However, looking at 6400 call, it may be opportunity to buy some at resistance level.
 
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