5
Jul
2006

German's loss in world cup

There has been some research around that if the Germans lose in the soccer world cup they are likely to drop by about 100 points the next day. So let's check if the DAX is really falling. If I see a -100 I am most likely going to buy until 11am and hold on until the US opens as the important Initial Jobless Claims and ISM Services are published on Thursday and a solid open in America should help the DAX advance.
There has been some turbulence during the German election period in 2005 and I hope for similar volatility tomorrow.
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