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could do, we will soon find out!
Totally agree but feel a rise in gwp coming later today
crazy init? oil, gold, and now stocks down, yet they were celebrating the fed rate hike news on the trading floor in the US last night..
Yes the fed minutes also an oil report out at 3:30 not sure if that will affect direction of all shares
the exchange rate is pushing us down relative to nasdaq today at the mo
we have to wait for the FED meeting today to truly know which way the markets will go.
But with nasdaq turning positive there is hope , and yes my £5 sp by next week looks dodgy
so, are we all still bullish, or has the pullback dampened spirits somewhat? do all those squiggly lines show you where we are headed, do they mean anything at all? answers on a postcard..;)
reverse psychology, could defo work ;)
So if I predict 420 today . . . .then we should hit 550 or thereabouts ! ;)
closed 462..easy peasey :)
p.p.s. on nasdaq, not quite on AIM as yet, but that is more to do with the exchange rate than anything else.
p.s take a look at the 5 year chart, and the 50/100 death cross that's just touched ;) mr bullish me ;)
all true, but it aint easy, the last time we had an MA bullish cross (50/100) was just before the drop from 520, lots of predictions from the big guys that a summer sell off is looming - bank of America, Mr G Soros, and many more...(Soros has one of his infamous billion dollar bets on it) oil has almost hit the $50 mark, how much higher can it go? dow is dropping, which probably means the ftse will drop tomorrow, will we stay bullish till friday, a 7 day run...?? its hard to be totally bullish at the mo don't you think? those crosses can fail..but here's hoping. positives...the AX has just upped their sell to 520, buy at 460, a move from 420 - 470.
as long as it holds over 78-79, its bullish.
Some rises in the afternoons , gettin there slowly , not sure why or wat is the catylist for it
Plus.... Both the SP and the 50 MA are heading towards the 200 MA. Looks like they will cross PDQ (this week or next) and when this happens, normally things do take a pretty good tick-up (so maybe the £5+ prediction is possible....) MA(50) is 431.57, the MA (200) is 435.61.
Bid 497.50, Offer 464.25. That's a pretty big spread. Still Mid Price of 474 is a decent +ve increase today. Another 17p increase tomorrow and Thurs and this will be £5+ at some point on Friday. Based on the reading of yesterday & today's charts that seems a dead cert, no??? £5+ on Friday then is my Prediction. Simples. How hard can this investment game be??? ;-)
Well, holy smoke ! Think I'll make a few more predictions . . . ha ha. Very nice rise . . . .
i agree stevie, we need more input!
Hope I'm proved wrong ;)
Soz Freddie don't want to rain on your parade, but tbh I can't see it reaching 500 b4 end of May mate . . . with the good news we had in March it only got to 519 . . . quickly took down a peg or two after as well . . . so unless some very good news arrives, can't see it mate :( But just saying ! I do wish a few other's would add there tuppence worth, eh King ? You'd think it was just you, me and Fred here . . lol.
ftse needs a boost this afternoon from the US markets, best guess is oil causing a slight drag at the mo, could of run out of steam a bit.
could do, watch the bio index, if that hit the bottom last week we may be in luck, though tbh it shouldn't matter as long as the lgs data is good.
Over £5 before the bank holiday , whats our chances ?