Friday, February 11, 2011

Stockmarket

I missed the last jump of the DAX from lowest 6940 to now over 7300 points.:(
I aspected the market to decrease at least to 6400 and had not enough trust to step in when the market suddenly turned.
My prefered car stocks did nothing in this time and BMW just catched up later with making more than 6% in 3 days.The bears(pessimistic Investors)got just overrunned by the money came in the the DAX from the emerging markets,which got widely sold by professional investors.They moved so many bucks from the 3rd. world to "save" harbors like the DAX that my theory just failed.

But i haven't lost a ct. and i'm now waiting for new opportunities.

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