German Dax.. I dont get it...

Discussion in 'Index Futures' started by Trend Fader, Jun 18, 2005.

  1. A lot of the companies on the dax are large multinational corporations that conduct a great deal of business outside of Germany. German economics have only slightly greater effect on dax companies than they would on SP500 or FTSE 100 companies.

    A good example of this is Deutsche Telecom. As T-Moblie they have a huge footprint in the USA.
     
    #11     Jun 20, 2005
  2. Makes sense.

    Good post.
     
    #12     Jun 20, 2005
  3. Markets are as unpredictable as women.
     
    #13     Jun 20, 2005
  4. just21

    just21

    Euro interest rate cut is coming, that is supporting the market and could lead to further gains.
     
    #14     Jun 22, 2005
  5. Yeah, right.

    Only problem is, ''further gains'' nowadays only means more chop!

    Some macro event needs to happen to blow the crap out of the markets one way or another. Interest rate gimmicks, unless it's a 2 point rise/drop just prolong this ugly chop.


     
    #15     Jun 22, 2005
  6. It is climbing the classic proverbial "wall of worry."
     
    #16     Jun 22, 2005
  7. It's not just Germany. Money has been pouring into ex-US for well over a year. CAC40, some of the Scandinavian countries.

    Pull up a few 2 or 5 year charts at random from Europe.

    Best performing market in the world today? BEL-20. Up 1.46%.

    Geo.
     
    #17     Jun 22, 2005
  8. Ikspec

    Ikspec

    Well weren't those conditions that were present right before the start of WW2 and its global ambitions? Maybe the DAX is expecting Germany to take over the world again.
     
    #18     Jun 22, 2005
  9. Why were internet stocks going up and up and up??? How could a company planning to sell used condoms be formed one year, float the next without ever selling anything and have a market cap of £20bn as was happening in the late 90s?

    Not every up move has a fundamental reason, sometimes it's just technical.
     
    #19     Jul 28, 2005
  10. imc

    imc

    Welcome to the Stock Market.:confused:
     
    #20     Jul 28, 2005