Short DAX at 7740

Discussion in 'Index Futures' started by ASusilovic, May 23, 2007.

  1. He'll tell you he's "averaging in" :p
     
    #31     May 31, 2007
  2. Thank God i did notshort the dax at 7740
    Right now 7890
     
    #32     May 31, 2007
  3. DAX @ 7935.50, another one for the hall of fame:

    [​IMG]
     
    #33     Jun 1, 2007
  4. The DAX short entry might well appear today especially if US numbers are not well received - just imo.

    So, I'll be looking for signs of a turn today or on Monday for sure but that said, my god, what an unbelievable move these last 2 days!
     
    #34     Jun 1, 2007
  5. 1) My 7850 short has been stopped out yesterday at 7875:(
    2) I covered some of my calls yesterday.
    3) Went long with yesterdays close.
    4) Covered my long at 7938.
    5) I am right now short at 7951.00.
    6) Target 7893-7900.
     
    #35     Jun 1, 2007
  6. what ever u do...
    do not short it
    by july 2007
    will range in 8000 to 9000
    by year end 8600 to 9600
    I think u should long it till july
     
    #36     Jun 1, 2007
  7. I agree with you as long as infaltion is not leering around the corner. A little reminder : did you notice the wordlwide rising yields in the last three weeks ???
     
    #37     Jun 1, 2007
  8. Worth looking at the Dollar, too. Multi-week highs against major currencies...some of them at critical support / resistance points...1,3385 EUR/USD...1,9675 GBP/USD...

    Have fun !!:D
     
    #38     Jun 1, 2007
  9. Just a suggestion: Why not short GBL instead of DAX then :confused:
     
    #39     Jun 1, 2007
  10. Makloda, I am invested in almost 50 futures markets worldwide. Thank you for your suggestion ! And yes, I am invested in GBL, too. By the way : I have answered your comment concerning GS` Global Alpha. :p
     
    #40     Jun 1, 2007