Just curious, I've just noticed that the DAX has experienced major pullback around these dates. Here are the approximate point movements:
28/2/06 to 8/3/06 : -350pts
27/2/07 to 16/3/07 : -500pts
18/2/08 to 16/3/008 : -900pts
9/2/09 to 8/3/09: -1050pts
2010 - No such observation
20/2/11 to 14/3/11: -950pts
21/2/12 to 6/3/12: -350pts
2013 - No such observation
26/2/14 to 14/3/14: -780pts
Anyone have a reason for this?
I have long / short positions, and I am contemplating banking the Longs now for profits, and if this same observation holds, I'll run these shorts down to a smaller loss or even profits.
I sense the Dax is close to an interim peak.
28/2/06 to 8/3/06 : -350pts
27/2/07 to 16/3/07 : -500pts
18/2/08 to 16/3/008 : -900pts
9/2/09 to 8/3/09: -1050pts
2010 - No such observation
20/2/11 to 14/3/11: -950pts
21/2/12 to 6/3/12: -350pts
2013 - No such observation
26/2/14 to 14/3/14: -780pts
Anyone have a reason for this?
I have long / short positions, and I am contemplating banking the Longs now for profits, and if this same observation holds, I'll run these shorts down to a smaller loss or even profits.
I sense the Dax is close to an interim peak.