Short DAX at 7740

[ASusilovic]

Euro-area nations are considering dropping private-sector involvement from their permanent bailout fund as they discuss wider treaty changes, Reuters reported, citing European Union officials. German Chancellor Angela Merkel and French President Nicolas Sarkozy “confirmed their support for Italy, saying that they are aware that the collapse of Italy would inevitably lead to the end of the euro,” Italian Prime Minister Mario Monti told a Cabinet meeting, according to an e-mailed statement.

 

[ASusilovic]

Quote from ASusilovic:

Exit 5750 puts, reinvest DAX longs. Last price 5520.

Exit FDAX longs 5721.00. Reinvest 5500 puts.

 

[ASusilovic]

DAX Future up +4,5%. Psychopaths in one direction. Psychopaths in the other direction, too.

 

[archimg77]

Well, I went short at 5731, should have done it at 50 ...

 

[ASusilovic]

Short 5821.00. Target below 5560.00.

 

[uexkuell]

You sure?

For the moment I see that we'll go down.

But then (if nothing has changed in the general market dynamics) we'd have to test the region around 5850 at least once (before we go down bigtime which certainly will come because the bottom isn't solid).

 

[GGB]

http://www.elitetrader.com/vb/showthread.php?s=&threadid=228133&perpage=6&pagenumber=16

 

[younouss]

Quote from ASusilovic:

Short 5821.00. Target below 5560.00.

nice call!

 

[ASusilovic]

Quote from younouss:

nice call!

There is an insane fight going on at 5750-5770. I don´t know what´s tjis all about. But more than 25.000 contracts changing hand doesn´t make sense for me - except somebody is fighting for a stupid option play...

 

[younouss]

Quote from ASusilovic:

There is an insane fight going on at 5750-5770. I don�t know what�s tjis all about. But more than 25.000 contracts changing hand doesn�t make sense for me - except somebody is fighting for a stupid option play...

Correct... another option fight