RE: Sp17 Aug 2018 16:00
ilovtrading, I don't see anything unusual with ftse100 or ftse250 at the moment. If anything, current level is not bad giving all the volatility. When one man's tweets can cause global market chaos, volatility is with us at least until he leaves office, however that happens. 50glass is spot on too but time to be a little careful. My strategy is to hedge by shorting the ftse100 whenever it gets to a decent level assuming that a Trump tweet will spook the markets again. Has worked a dream so far this year. Some have been forecasting ftse100 will hit the elusive 8000 this year. I wouldn't bet against it (but I will be shorting it). GLA