Anyone scalping the FTSE Futures??

bustech said:
jungerns might even go long.
Click to expand...

Always available for a fat finger fee...............:p

Actually went long on the FTSE just prior to Close @2 and got rewarded with £16.94 Dividend payment !!

Not only that but the trade is in profit...........(y)
 
Last edited:
FTSE currently 5762 should be 5786 , based on SP500 dec

US10yr rallying strongly for a change, money leaving safe haven
 
how are the trainees doing at cityindex academy
 

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Gold guy Turk

The news media has blamed the fiscal cliff worries for the post election sell of. But maybe this is not the true reason, just maybe it has something to do with the US Federal Reserve.
The rumor is that Ben Bernanke is not keep for another term, this means he can do more of what he pleases without answering the demands from the White House (shock horror the FED is not independent).
Recent Bernanke speeches have called for more fiscal responses to stimulate the economy. Now ask yourself why has the stock market fallen -6.5% since the start of QE3?
Maybe the market sell off is due to FED NOT expanding its balance sheet. Maybe the FED wants to send a message that Washington that they must do more, and there is little the FED can do, maybe a 10% fall in the stock market is the 'scare' politicians need to act. Just maybe! Yes, this is a long bow to draw, but funny things have happened, so why not this scenario.
The test is: When the Fed balance resumes, so does the rise of stock prices. Funny that!
This video does not cover the above scenario. It does refer to the Fed Balance sheet and is on subject of Fed activity, us dollar and gold.

The Real Reason For the Post Election Market Sell Off | readtheticker | Safehaven.com
 
King will probably reiterate during the media conference starting at 10:30 a.m. British time that the central bank stands ready to restart its bond buying stimulus programme, which it stopped last week, should the recovery falter again.

However, an unexpected jump in inflation to a five-month high of 2.7 percent in October may force the central bank to raise its near-term inflation prediction again, making any fresh stimulus for the economy a harder sell.

from reuters

anyone know FTSE ex divi's today?
 
Assuming we are correct on this push up on DOW... (chop..chop..chop) I will be looking to hold into friday and then tighten stops... DAX is going to have to get its skates on if it is to go higher... which is looking a tad unlikely at the moment....
 
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