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11,815.01 -49.58    -0.42%
22/05 - Closed. Currency in EUR ( Disclaimer )
Type: Index
Market: Germany
# Components: 30

  • Prev. Close: 11,815.01
  • Open: 11,854.80
  • Day's Range: 11,792.31 - 11,881.81
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DAX 11,815.01 -49.58 -0.42%
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Latest DAX Comments

Alexander Savov
Alexander Savov May 22, 2015 02:46PM GMT
Today had to be the maximum volume for this month but instead we can hardly finish with 50 million stocks traded on DAX companies.Now it is clear that buyers are waiting for the Greek issue resolution to step into the market.The last 3 days are indicating this.In my opinion the people who allowed Greece into the EZ are to be blamed for this situation now-the market,the euro and the banks to be hostages of a single country with a relatively small economy.
rice stuffed dried eggplant
rice stuffed dried eggplant May 22, 2015 03:08PM GMT
Greece is swinging like The Sword of Damocles above EU. Has not fallen yet, but may fall anytime... My guess is they will never fall, yet never truly stand up.. And this saga will never end.. Our grandchildren will still be talking about the threat of a Grexit on markets :)
daxxx dude
daxxx dude May 22, 2015 06:11PM GMT
my guess is, this greece saga should end within next 12 months.. 1) controlled but thorough correction in markets.. 2) Then ECB explicitly channels the support to banks threatened with Grexit. . 3) Let Greece default and exit. with Mutual funds pumping billions in markets, that are already "corrected". . It would be like inside job. Its frightening to think of what im saying, but the other option is tsunami of global debt defaults from US, Japan to EZ....

zachary bell
zachary bell May 22, 2015 12:55PM GMT
FX euro choppiness hardly affecting DAX. volatility is swelling. Looks like it wants to just focus now on grinding higher like other indexes. will see
rice stuffed dried eggplant
rice stuffed dried eggplant May 22, 2015 01:02PM GMT
It will affect my dear... DAX will go up.. Unfortunately...
zachary bell
zachary bell May 22, 2015 01:03PM GMT
yes it will likely grind, but given the choppiness, i was expecting more volatility with DAX.
rice stuffed dried eggplant
rice stuffed dried eggplant May 22, 2015 01:45PM GMT
Well.. U seem to be right.. Under normal circumstances DAX should have exceeded 19K already...
rice stuffed dried eggplant
rice stuffed dried eggplant May 22, 2015 01:48PM GMT
The very low volume and new investors' refraining to take the long risk is somehow comforting me... If DAX couldn't break out today, chances are it won't anytime soon...
zachary bell
zachary bell May 22, 2015 02:00PM GMT
on the one hand you get quite abit of choppiness in certain markets and on the other hand, very low volatility with others. that's not really ideal for breakout strategies. You need abit more steadiness of volatility.
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rice stuffed dried eggplant
rice stuffed dried eggplant May 22, 2015 12:41PM GMT
Stayed away from the screen for 15 minutes.. And EUR/USD parity has crushed big time.. Anybody knows what just happened?
zachary bell
zachary bell May 22, 2015 12:50PM GMT
long weekend coming up and some squaring going on favouring USD bulls
zachary bell
zachary bell May 22, 2015 12:51PM GMT
forget the fancy headlines, they are are just there to *****us in. The reasons for the real moves don't get news readership so they never make headlines.
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