penbat1 Report post Posted February 14, 2006 The Dow has climbed over a ton this afternoon and the FTSE100 and FTSE250 haven responded at all. Very odd. Quote Share this post Link to post Share on other sites
Van Report post Posted February 14, 2006 Dow has popped it's head over 11,000 again... how long can it stay there? A combination of better retail figures, falling oil price and hope of hints at Fed rate cuts for tomorrow. Have been adding to my shorts heavily today. Avg price now 10,948. Quote Share this post Link to post Share on other sites
jonpo Report post Posted February 14, 2006 dont worry the FTSE will follow the dow down. once it starts.... Quote Share this post Link to post Share on other sites
penbat1 Report post Posted February 16, 2006 Jesus Christ FTSE responds at last !!! And about time too !!!! FTSE100 5828.90 closed up 37.40 on the day which is 0.65% (a new 4 and a half year high) FTSE 250 9368.90 closed up 34.30 on the day which is 0.37% (a new alltime high) Quote Share this post Link to post Share on other sites
Van Report post Posted February 16, 2006 Last gasp for this leg up, I reckon. Primarily caused by crude dropping from $69 to $58 in the last month. Crude is very oversold now and due a serious bounce. Technical indicators are screaming overbought, and bearish divergences abound. Quote Share this post Link to post Share on other sites
penbat1 Report post Posted February 17, 2006 The FTSE is really flying today and the FTSE250 is back on form !!!! Quote Share this post Link to post Share on other sites
jonpo Report post Posted February 19, 2006 ftse going to go into reverse soon I phear Quote Share this post Link to post Share on other sites
penbat1 Report post Posted February 19, 2006 ftse going to go into reverse soon I phear tosh ! Quote Share this post Link to post Share on other sites
jonpo Report post Posted February 28, 2006 (edited) OK i'm going to go out on a limb here TOP..... get out now or loose. Time to scale out and reverse. Edited February 28, 2006 by jonpo Quote Share this post Link to post Share on other sites
No6 Report post Posted February 28, 2006 OK i'm going to go out on a limb here TOP..... get out now or loose. Time to scale out and reverse. There may be some life left in the market yet with the ISA end of season mad rush about to begin (well, that's what all the ISA sellers will be hoping for). If so then it might be worth sticking to the old adage "sell in May and go away" or maybe April? I fancy a "correction" sooner rather than later though. Not entirely convinced that it will be a big one mind. Quote Share this post Link to post Share on other sites
erd Report post Posted February 28, 2006 There may be some life left in the market yet with the ISA end of season mad rush about to begin (well, that's what all the ISA sellers will be hoping for). If so then it might be worth sticking to the old adage "sell in May and go away" or maybe April? I fancy a "correction" sooner rather than later though. Not entirely convinced that it will be a big one mind. Doubt we will see much activity after the final dividends have been paid. Interest rate rises in euroland and japan will mean we see much less take over action. Maybe we will see the more normal trend of a boring summer (i.e. falls) followed by whatever the autumn and Christmas have to offer us. Quote Share this post Link to post Share on other sites
Van Report post Posted February 28, 2006 I agree, jonpo. I think the top is in. Back to 5500. Quote Share this post Link to post Share on other sites
penbat1 Report post Posted March 1, 2006 (edited) I agree, jonpo. I think the top is in. Back to 5500. To be very technical about it - nah. Edited March 1, 2006 by penbat1 Quote Share this post Link to post Share on other sites
