FTSE Short again!......1 May 2008 14:47
Oh I'm addicted to these "little" FTSE Shorts............lol! I'm in again at 6108 - the US Jobless claims were v. poor - see below:-
MARKET TALK: Weekly U.S. Jobless Claims Soar
News update 2008-05-01 13:40
1237 GMT [Dow Jones] The number of US workers filing new claims for unemployment benefits soared last week while those drawing benefits for more than a week cracked the three million mark for the first time in four years. The data point to another decline in monthly payrolls for April. Initial claims for jobless benefits climbed 35,000 to 380,000. Economists had expected an increase of 18,000. There were no special factors, a Labor Department analyst said. (RJF)
Happy for small profits again and this is a FTSE June future short so I have all the usual options open to me as I've explained in previous postings (i.e. averaging up for shorts and down for longs etc.)
Major - I'm with Cantor Index, spreads good on some things but not on others. I'm thinking of looking into CMC Markets too for a second account as they advertise themselves as having tighter spreads! I have spoke to someone their and they seem cool - I did have a 7 day trial thingie on my desktop but I let it run out before trying it! Why don't you ask them for the free trial?