RE: FTSE 10012 Jun 2008 01:10
TandH, the markets in caos at the moment, I think. Personally the overview of the market I think is for it to test new lows, but can't guarantee anything as I would be rich if it was that easy. As the FTSE is not to far from it's last low, I have decided to go long and then scalp with shorts to cover the long positions if the FTSE falls further. If it will work I'm not sure, but hope it does. I've lost a good bit over the last month on stocks. With indices I've made some money, but lost it all and more due to my equities. So I've finished equities and will just do the indices now as they are much easier to daytrade than stocks and have a nice tight spread.