november , page-169

Hi Guys, really enjoy your personal little DAX trading thread over here & often enjoy a read; even though I actually find something a little indecent in hearing grown men talk so much about "pulling the dacks down" LOL.

Hope I am not sticking my nose in where not wanted but was looking at my dax this morn & had cleared lots of "noise" & all the up trend forks (have pinched all of totters over time!!) & just left the one attached which thought I would share. You may be fully aware & if so just ignore but what I liked:

1. That warning line just forms a channel that carries price for over 12 months
2. warning line has been touched on 3 previous occasions and even in the amazing run up we have seen retreats of >500 points each time have resulted (see ruler I have put on) ... when it goes it goes quick too; I see the attraction!

We of course are at that line now?

PS, do you guys ever think of shortening thread down to maybe weekly chunks? I only check in every few days & like to open the whole thread but it gets V long IMO. Excellent reading though IMO & I really enjoy the "reality" aspect of your posts. Keep it up :<)

GJ