Short DAX at 7740

Quote from ASusilovic:

Short FDAX MOC.
More...

Sure, well, I shorted 5 mins before given that Dow didn't want to make new highs. Also, I picked up few points from CAC as well.

-----------------------
Tomorrow's prediction:

Asia session: Well, I'm not sure about Asia.
I wanted to go long Japan and short Dow, maybe long fx but I left it to somebody else to try when I saw that action.
I think Asia is going to be float/rangebound.

EU session: Everybody is going to wait for Fed decision UK might have borrowed more than expected number. This can translate to negative mood and indices could go down a bit, :-).
Again, it stays flat/rangebound.

US session: I believe that housing news are going to be positive and fed neutral/negative given that some QEII might be priced in.
Housing up, Fed up, flat or sharp down, :-).
 
Quote from ASusilovic:
The headline of the day is :
Goldman downgrades several European banks
No need for further comment.
More...

Well, I felt that these sneaky dogs won't give up in the morning.
Luckily closed my shorts after open.
If they want to break go on I still hold 6250 calls.
 
Sept. 21 (Bloomberg) -- Deutsche Bank AG, Germany’s largest bank, expects to report a third-quarter loss after writing down the value of its existing Deutsche Postbank AG holdings and a slowdown in sales and trading.

Deutsche Bank plans to book a charge of 2.3 billion euros ($3 billion) on Postbank, leading to a loss in the quarter, the Frankfurt-based lender said in a share sale prospectus posted on its website today. Excluding the charge, third-quarter net income will likely be “significantly below” the year-earlier period because of “poorer market conditions during the summer months,” the bank said.
 
Quote from ASusilovic:

Sept. 21 (Bloomberg) -- Deutsche Bank AG, Germany’s largest bank, expects to report a third-quarter loss after writing down the value of its existing Deutsche Postbank AG holdings and a slowdown in sales and trading.

Deutsche Bank plans to book a charge of 2.3 billion euros ($3 billion) on Postbank, leading to a loss in the quarter, the Frankfurt-based lender said in a share sale prospectus posted on its website today. Excluding the charge, third-quarter net income will likely be “significantly below” the year-earlier period because of “poorer market conditions during the summer months,” the bank said.
More...

Yeah, tell me about that, I already count my losses.
 
Siemens AG said it will take a 1.4 billion-euro ($1.85 billion) impairment charge on its health- care diagnostics unit after the business, built up through multiple acquisitions, failed to meet its growth targets.

Siemens will write down the goodwill in its fiscal fourth quarter that ends Sept. 30, the Munich-based company said in a statement today. Siemens, which is Europe’s largest engineering company, said its overall outlook for the year is unchanged.
 
Quote from ASusilovic:

Sept. 21 (Bloomberg) -- Deutsche Bank AG, Germany’s largest bank, expects to report a third-quarter loss after writing down the value of its existing Deutsche Postbank AG holdings and a slowdown in sales and trading.

Deutsche Bank plans to book a charge of 2.3 billion euros ($3 billion) on Postbank, leading to a loss in the quarter, the Frankfurt-based lender said in a share sale prospectus posted on its website today. Excluding the charge, third-quarter net income will likely be “significantly below” the year-earlier period because of “poorer market conditions during the summer months,” the bank said.
More...

Selling all Deutsche Bank stock positions. Neutral.
 
You must log in or register to reply here.
Back
Top