Big buyer supporting the DAX into the close yesterday, came back 100 pts lower today.

Discussion in 'Index Futures' started by frank_london, Aug 10, 2007.

  1. JamesJ

    JamesJ

    oh, he's gone, going short now
     
    #41     Sep 17, 2007
  2. JamesJ

    JamesJ

    or he only changed his order flow...
    more variation in buying... still bigger orders floating in 7450...
     
    #42     Sep 17, 2007
  3. I'm hearing rumours of a big orders coming from a player in Galloway
     
    #43     Sep 17, 2007
  4. What if Bernanke cuts rates by a whopping .75 per cent and this puts a rocket up Wall Street, and in turn, European and other markets?

    Your Dax buyer - and other longs - stand to make a monza.

    Maybe your Dax buyer is super smart money, with some insider knowledge. A big bank, big swinging dick invstors who's been tipped off in return for a past favor?

    Hey, friend, please prop up this subslime bank in distress today with a lazy 10 billion euros to avert trouble for us and I'll give you a heads-up on a rate-cut decision tommorrow?
     
    #44     Sep 17, 2007
  5. marky1

    marky1

    Seems to me like this large buyer may have been Soc Gen?
     
    #45     Feb 7, 2008
  6. So funny in retrospect, after the SocGen story is out :p
     
    #46     Feb 7, 2008
  7. TraDaToR

    TraDaToR

    I read Kerviel was short since march 2007 and switched to long during fall...What you were all seeing was Kerviel offseting his spring bet for the 500 M gain that " he didn't know how to make his direction aware of".

    Why am I always thinking that there's a rational, informed entity behind huge sizes when I see it? LOL:D
     
    #47     Feb 7, 2008