Short DAX at 7740

I think we might see tomorrow once again 7813...7816... Depends on ES closing...

 

histogram reverting, scaled out 2 +5.5

C'mon you pricks bid lower LOL

 

3rd out +0.5

 

That's what I see on 2 hour chart, so fingers crossed mates.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1618825>

 

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1619119>

 

Long 3

Scaled out 2 +10

 

AM OUT @ 7880

 

Mutual fund managers in Germany are very sceptic on behalf of DAX regaining this year´s high. Yesterday one declared 8000 as their limit for an upside move. Another one - in fact the managing director of Germany´s largest mutual fund - stated : "We will not see new highs this year."

I like this sort of skepticism....

 

If they are to take it up, now is a good time. 2 hour chart's formation is still valid, so bulls have to either start acting now, before bears try to gain advantage. 3 minute chart is lining up for some upside. Interesting.

 

It's a buy


^GDAXI 10.00 Days
----Sell---- Wednesday, September 26, 2007 ---Buy---
7985.7060 ------------------------------------------ 7677.9444
8062.6464 ------------------------------------------ 7601.0040
8139.5868 ------------------------------------------ 7524.0636

------
^GDAXI Friday, October 05, 2007
----Sell---- ------------------------------------------ ---Buy---
8320.7892 ------------------------------------------ 7890.1367
8428.4524 ------------------------------------------ 7782.4735
8536.1155 ------------------------------------------ 7674.8104

===============================================