Always good to have a London based prime broker. One phone call and you get everything you need OTC. 
Short DAX at 7740
- Thread starter ASusilovic
- Start date
# Chancellor George Osborne is to unveil the Spending Review in the House of Commons at 1230 BST
# It is expected to detail £83bn worth of spending cuts, the biggest for many decades
# It is expected to detail £83bn worth of spending cuts, the biggest for many decades
You wait and see. Nobody is getting "cornered" without being punished ;=)
took gains at 72.5 looking for bounce and got too undisciplined and reshorted sans any signals at 91- afraid to miss out whilst telling myself we're gonna see new daily highs and maybe even go back and test 6525 or 50. lack of discipline- my downfall as a trader.
still think there is room for a woosh to the downside, but hate giving away 20+ points on pure stupidity/LoD.
DROP!
still think there is room for a woosh to the downside, but hate giving away 20+ points on pure stupidity/LoD.
DROP!
So you have not yet your 6500 call hedges in place ?
Chancellor George Osborne has announced the government's four-year Spending Review to Parliament, revealing some of the deepest cuts in public spending in decades.
The key announcements:
* About 490,000 public sector jobs likely to be lost
* Average 19% four-year cut in departmental budgets
* Structural deficit to be eliminated by 2015
* £7bn in additional welfare budget cuts
* Police funding cut by 4% a year
* Retirement age to rise from 65 to 66 by 2020
* NHS budget protected; £2bn extra for social care
* Schools budget to rise every year until 2015
* £30bn capital spending on transport
* Permanent bank levy
Here, department by department, are more details.
The key announcements:
* About 490,000 public sector jobs likely to be lost
* Average 19% four-year cut in departmental budgets
* Structural deficit to be eliminated by 2015
* £7bn in additional welfare budget cuts
* Police funding cut by 4% a year
* Retirement age to rise from 65 to 66 by 2020
* NHS budget protected; £2bn extra for social care
* Schools budget to rise every year until 2015
* £30bn capital spending on transport
* Permanent bank levy
Here, department by department, are more details.
