Short DAX at 7740

Time for some dynamic hedging...buying deep OTM puts...

 

market rallying on the back of GE earnings in line with expectations

 

- U.K. Economy Shrinks More Than Forecast in Biggest Contraction Since 1980
- UK in recession, official
- Is the U.K. an Iceland 2? Nouriel is in London to find out
- Day of gloom for tech leaders
- Synthetic eurotrash


So many bad headlines and almost the whole world in "recession obsession"

 

Long FDAX 4085.00...trailing stop in place...dynamic hedge in place...

 

Close some 4182.00. Let´s see whether further upside.

 

828.75 ES traded. Closed all FDAX. Have a nice weekend.

 

great trading, have a nice week end

 

Chief Commentator Robert Landgraf German Business Gazette "Handelsblatt" in German language as a "Schmankerl" for our German speaking community :

"Es fällt schwer, es klar und deutlich zu sagen: Die deutschen Banken stehen am Rand des Abgrunds."

http://www.handelsblatt.com/unterne...ntar/warum-wir-eine-bad-bank-brauchen;2132027

Ich lese häufig Schwachsinn, aber einen solchen verallgemeinernden Mist habe ich selten gelesen. Die deutsche Presse sollte sich ernsthaft hinterfragen wohin solche "Meinungs Exzesse" führen !

 

good morning traders, what do we have in store for today?
Retesting last week lows or slow rally during the morning?

 

went long 4160