Saturday, May 21, 2011

A normal Friday for the DAX

The Friday is often a more dangerous days for stocktraders because many institutional investors of banks,hedgefonds and insurances are closing positions before the weekend.
The significant loss yesterday because of Fitch's downgrade of Greece creditworthiness to B+ brought the DAX down to a point,where i would suggest to be carefull next week.
The 30 DAX stocks after the end of the day:
A technical DAX analysis:

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