Short DAX at 7740

[ASusilovic]

6150.00 FDAX print. Reinvest 6050 puts / 6350 calls.

 

[ASusilovic]

If FDAX 6050.00 => exit, reinvest calls 6150. Ping pong.

 

[ASusilovic]

Quote from ASusilovic:

If FDAX 6050.00 => exit, reinvest calls 6150. Ping pong.

Arghhhh. Missed this one for a couple of points.

 

[ASusilovic]

Still holding 6050, 5950, 5850 puts. FDAX last print 6074.

 

[ASusilovic]

Quote from ASusilovic:

If FDAX 6050.00 => exit, reinvest calls 6150. Ping pong.

Ping pong.

 

[ASusilovic]

European Central Bank council member Axel Weber said the ECB should help banks through end-of-year liquidity tensions before determining in the first quarter when to withdraw emergency lending measures.

“Most of these discussions about the continuation of the exit I think will be focused on the first quarter,” Weber, who heads Germany’s Bundesbank, said in an interview with Bloomberg Television in Frankfurt yesterday. “It’s clear that we need to re-embark on a normalization procedure.”

The comments suggest the ECB is growing more confident that the euro region is coping with its sovereign debt crisis after Germany powered the 16-nation bloc to its fastest economic growth since 2006 in the second quarter. By contrast, the Federal Reserve was this month forced to announce fresh measures to shore up a stuttering U.S. economy.

 

[ASusilovic]

Put / Call ratio 4:1. ouch, so much negativity out there...

 

[ASusilovic]

Buying 6005.00 or better.

 

[ASusilovic]

German Aug. composite PMI 59.3 vs. 59.0 in July

 

[ASusilovic]

Quote from ASusilovic:

Still holding 6050, 5950, 5850 puts.

Still holding.