Seems, it will be no ES/DAX correlation in 2-3 years. Everybody will correlate only with Shanghai Composite
Closed short ESTX @4400. No positions for today. Those nervous, rumours vulnerable WallSt people deprived me of $$$!!
IFO numbers at 10 a.m. CET. Cool V-Shape formation yesterday. : cool : Bounce in ES related to rate cut hopes next week. Could be a nasty sell-off, if FED keeps on hold. FDAX looking for 7940 / 7950 area to short.
Lufthansa up 2.2% on 78% profit growth France Telecom up 3.8% on upped cash flow targets Shell up 0.8% after topping earnings estimates L'Oreal down 2.7% after Q3 numbers, UBS downgrade ABB up 3.6% after 86% profit rise This board is dominated by U.S. company news and users. We need a shift to a more European / Asian / global view !