Short DAX at 7740

there ain't any short left in the market so it's gonna be difficult, there is only so much "ascending" air you can create through short calls and vol contraction. At some stage, you have to dump your deltas

 

Selling MOC.

 

Greece EUR 110 bllion + Ireland EUR 90 billion = EUR 200 billion.

FDAX 6900.00.

That makes a lot of sense, isn´t it ?

We´re counting 147.000 longs / 47.000 shorts.

Good luck bulls.

 

any clue what next stop is, 7200?

 

interesting how the bump in the Euro sent the DAX flying over 6900 but the drop in the Euro did nothing.

So, Asus, you adding to your short up here? (just trying to follow along so i can see how 'easy' trading the DAX is)

 

Getting rid of of a part of 6800 calls, buying 6900 ATM puts.

 

I expect 6940 today

 

- the only thing that is holding dax is volkswagen, how can vw keep selling so many cars in 2015
Well, I know about china expansion but there are also other players and tata can dominate in cheap cars.

 

That´s the usual "muscle showing" show in order to impress competition. Everybody who is half informed in the auto industry knows that the car makers are working with over-capacities in China big time and that further expansion plans are unsustainable.

By the way : I wouldn´t be surprised about 6740 today.

 

Well, I didn't expect such recovery from US session.
The markets are going to be interesting over the next few days.
If bears want to see some leg down then there must come some miracle, .