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Sheeesh that 9780 level had me sweating for a bit....icebergs everywhere....
 

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Well I dunno about anyone else but I thought the Dax was going to do the exact opposite to what it's done, thought the down push would keep going, but alas, plan b! Bit of short covering maybe?
 
Well I dunno about anyone else but I thought the Dax was going to do the exact opposite to what it's done, thought the down push would keep going, but alas, plan b! Bit of short covering maybe?

I posted this on our chat....same thinking...

The DAX is looking a bit bearish...having said that I'm long the open, as we saw a nice b pattern into yesterdays close and we're getting some short covering, but watching how we treat this current bracket nonetheless..
 

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Its like the DAX wants to drop but the FTSE keeps it going...
 
On our chat? Yeah I was half expecting some short covering too, but to me it seems fairly strong, 50% or so of yesterdays entire range seems like severe short covering

Jigsaw Chat...

Its rotating now, lets see if the VWAP holds it or its going to other side of the bracket...
 
Actually Peter is starting up a Eurex Trading room soon too....Then maybe Asia next:)
 
Whats with all the big lots traded this morning on the HHI and HSI, they starting to roll or something? :confused::eek:
 
This little selloff on the HHI and the HSI could get interesting....yesty was an inside day and we've got a gap from 9700...load em'up!
 
I wonder if these guys are spreading thier short postions out against the HHI and driving the short covering rally in that even more?

Given its the end of the month, whats the odds of a decent retreat at the end of the day or Monday??

China’s Stubborn Short Sellers Take on World’s Best Rally

The world-beating rebound in Chinese equities is failing to scare off short sellers.

The Hang Seng China Enterprises Index, which led declines among global equity gauges this year through March 20, has since rebounded 7.3 percent for the world’s biggest gain. Traders who piled on bets against the iShares China Large-Cap exchange-traded fund during the rout have maintained those wagers even as stocks jumped. Short interest hit a record 29 percent of shares outstanding on March 24 before slipping back on March 26 to match its level before stocks began rallying, Markit data show.
 
I wonder if these guys are spreading thier short postions out against the HHI and driving the short covering rally in that even more?

Given its the end of the month, whats the odds of a decent retreat at the end of the day or Monday??

China’s Stubborn Short Sellers Take on World’s Best Rally
There has been a funky arb bot running the rollovers for the last 6 months or so. We have runs that get way over-extended. I haven't completely figured out what the hell its does but Its something like running the heavier month aggressively while using the other three contracts to stay flat... :confused:

Either way don't stand in its way..... or better still load up and go for a ride. :D
 
There has been a funky arb bot running the rollovers for the last 6 months or so. We have runs that get way over-extended. I haven't completely figured out what the hell its does but Its something like running the heavier month aggressively while using the other three contracts to stay flat... :confused:

Either way don't stand in its way..... or better still load up and go for a ride. :D

And on and on it goes...... :D

HSI  28_03_2014.jpg

I love bots.... :robot2:
 
...might see 10100 on the HHI if this bloody keeps up...:eek:
 
Bloomy headline....
Stock market, Australian dollar buoyed by China stimulus hopes

Should read....
Stock market, Australian dollar buoyed by massive hedging as short sellers rush to cover their A**es!
 
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