Short DAX at 7740

after the numbers I'm confused:
Challenger Job Cuts y/y 59% (5.3% previous)
ADP Non-Farm Employment Change 114k (101k expected)

I do not know whether to buy or sell, crap ...
Is there a buyer?
 
Quote from younouss:
Yep... only here...
I missed the big short 600 pts since monday... :mad: :mad: :confused: :confused:
More...

:-), I'm among them too, crap.

I was buyer of covered calls and luckily I bought some 6100 and 6200 puts just in case and it looks it was worth it.
Overall result. account 3% down from the last high but fighting futher, :-).

I think this is the time of the year when money are distributed so we better be making them.

Dow is holding itself reasonably well, much better than S&P.
I wonder whether the performence of DAX is not more correlated with S&P rather than Dow.
 
Quote from younouss:
Mmmh not yet :D
More...

I do not know, do I consider it as a crash?!
I have to say that no, may 06 was much better, we went down and then up and all was fine.

I'm flat for today but it was a battle.
 
eur retail sales +0.9% (0.5% expected)
germany factory orders 1.8% (-0.4% expected)
rates are kept flat


I believe dax is heavily oversold over here compared to any other index except s&p and estoxx50.
 
You must log in or register to reply here.
Back
Top