Showing posts from August 21, 2011

GERMAN - DAX : down by 30 % but yet to find the bottom

GERMAN-DAX (5480) -  World fourth largest economy but recent months worst performer in stock market in the world. It made a high of 7600 in May 2011 and last friday it made a low 5345 that is 30% fall from the high.  but still worst is not over Expecting probable bottom may be at 4930-4870