Short DAX at 7740

German consumer confidence has risen further this month in the latest sign that the recovery in Europe’s largest economy is broadening.

The Nuremberg-based GfK consumer research organisation said on Thursday that its consumer climate index had risen in August to its highest since October last year, and forecast it would rise further in September. Consumers “clearly do not believe the recovery of the German economy to be a flash in the pan,” the GfK said.

The survey results added to evidence that the strength of the country’s industrial export led recovery is feeding through into the consumer sector, long its weak point. By boosting imports, that could help spread the benefits across Europe
 
Reinvesting some profits into more put protection ( strike 5750 ). Just in the case we have some "braniacs" who still live in denial about a decoupling of Germany from the rest of Europe.

As far as I can hear German companies have a backlog of more than 12 month in incoming orders. Does this sound like a "double dip recession" ?

Bullsh1t ! What I see is a lot of market particpants talking their shorts ! :eek:
 
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