By the by bluedog:
Dax there is no such thing as a double bottom. It usually does a capitulation lemming-style kamikaze selloff and then it bounces a full 2% to close on its highs to give everyone hope. The next day it will gap down 3% and grind its way lower 30 points every 10 minutes interspread with 1 minute 20 point surger to wash out shorts too, to finish 5% lower.
Widowmaker at its best today.
It's a small wonder Kerviel took a 5b EUR bath on DAX futures.
funkymonks - reasons to be cheerful - monday, page-99
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Last
7,989.6 |
Change
68.300(0.86%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,921.3 | 8,000.0 | 7,921.3 |
| XJO (ASX) Chart |