Short DAX at 7740

yep, flash crash redux, the door is too small for everybody to get out...

not sure you wanna be too long before the employment reports...

sure some guys are gonna take some risk off
 
Guys, maybe you are right, but you are so negative that I've closed my ATM 6150 calls at todays bottom.
Obviously, I blame you for that, .:D .
 
Notice for the day :

-39.000 jobs lost in the private sector in the US results in FDAX close + 48.50 points / ES + 1.25.

Conclusion : there are more morons a la Paulson hedge fund out there than I thought ! :mad:
 
bought back my shorts at 6268 yesterday evening. Didn't like price action in US indices into the close.
Will look for direction after employment numbers.
Very cautious for the time being.
 
Gentlemen,

it´s a very easy game these morons are playing. Sell USD across the board. ES goes up. All other indices ( because European fund managers have no brain of one´s own ) are following. Commodities are following. Especially commodity stocks are following.

Correlation factor almost 82 %.

The destruction of purchasing power doesn´t matter and unemployment figures do not matter and the sharp fall in consumer end demand doesn´t matter.

Only thing that matters is outright STUPIDITY and IGNORANCE of some quant desks.
 
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