DAX – update


Stocks were in favor after FED move to injects even more money into the system. So our DAX long is about to reach 1st target which is MA50 4213.  MA50 ussualy atracts initial selling so let see how this handle gonna work out and then we will decide which way to chase.  I am a bit confused that Japan stocks do not follow the party today.

“ROME WAS NOT BUILT FOR A DAY”

Some asking question whether we are out of woods. Simply I DO NOT KNOW.

There are some signs that it maybe over for bears but nothing is for sure. Patience is the key!!!

Idiom Definitions for ‘Rome was not built in a day’

This idiom means that many things cannot be done instantly, and require time and patience.
dax_update
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One Response to DAX – update

  1. wonker says:

    Interesting blog, I’ll try and spread the word.

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