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FTSE100 on its way down...

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Replies: 66
By:
chisel
When: 12 Mar 10 12:10
WDIDN

I have told you that I am not getting involved at the moment. I do not think they are going higher , and equally do not think they are going lower. SRC seems to think that the figures are likely tio be bad. I am not sure, The DOW has climbed steadily lately , and it demonstrates to me that there is a little bit of confidence at the moment

I have a problem with SRC , as he "told" people to seell 2 weeks ago . He said he had goocontacts in Amsterdam that told him so. I asked what the reason for this was and he had no answer. I would say to anyone at the moment that listening to people like SRC , or you with your chartist garbage, is a dangerous game.. If you do not know enough do not bet!
By:
Mrben
When: 12 Mar 10 13:42
lovely short on the euro occurred. high 1.37.86 now 1.37.42.nice 44 pips.
By:
Canaletto .
When: 13 Mar 10 12:58
Light volumes Chisel says to me the Dow is going to fall...and soon!
By:
SRC®
When: 15 Mar 10 09:52
what do i do now? it is pointless speaking to chisel, he is just a guy who loves chatting to himself..
By:
chisel
When: 15 Mar 10 10:04
LOL

It is you SRC that is 300 points off after a prediction that the FTSE was about to crash!!. Your two weeks are up!!

I stated on here that I thought the FTSE may well continue rising, and it did.. I also stated that I was not willing to put my money wher my mouth was an I didnt! I woudl certainly not get involved now either
By:
uptheowls
When: 15 Mar 10 13:39
With Sterling down & commodities up I cannot see how the FTSE can be set for a fall for now.
By:
Mrben
When: 15 Mar 10 14:23
another lovely short on the euro short 5 at 137.52,buy back at 136.96 12 hours later gain 56x5=280 pips= about 3,100$aud.Seems the euro is falling faster than the footsie? But if the footsie falls 300 where will the euro go?Please advise.
By:
chisel
When: 17 Mar 10 10:44
And still the FTSE rises!! 5654 and rising.

I simply can not believe that teh number of people claiming job seekers allowance fell by 32000 in February against a forecast of 8000 being lost..Is it anothe conspiracy, or another Lie?
By:
chisel
When: 17 Mar 10 10:50
SRC® 04 Mar 08:57


Right, I reckon we are nearing the turning point so I am going to short again at 5,512.68

http://proactiveinvestors.co.uk/companies/news/13993/ftse-100-seen-lower-ahead-of-bank-of-england-decision-us-jobless-and-home-sales-data-13993.html

Still going short? 5653 and motoring
By:
what do i do now?
When: 17 Mar 10 10:51
its getting more and more difficult to believe any of the stats trotted out by this govt.
By:
chisel
When: 17 Mar 10 10:52
what do i do now? 12 Mar 08:36


for all u players out there, theres a luvly gap on march dax to the downside.

5619 -5637, nereds to be filled.

thats 300 points lower.

we also have a triple top forming of 3 highs for the last 3 days of:

5956, 5955 and 5957

strap thyselves in - this could be going lower.....

More Good advice from our friends. ?
By:
chisel
When: 17 Mar 10 11:00
WDIDN

It is scary actyually!!. But that is why things are so dangerous for people like you. The support being given to the markets is breathtaking, but is it not possible that you carry on buying until there is a real change of policy?

Could the FTSE rising be a bubble being fueled by QE . low interets rates and governemnt policy/handouts.. Can you see anything changing any time soon? I cant!
By:
what do i do now?
When: 17 Mar 10 11:28
the gaps still there and triple witching friday. expirys all over the shop.

what u have to ask is this - if this is QE fuelled, then whats the govts exit strategy? when are they gonna get out - and how?

if the govt are propping this, then is there much difference between them and nick leesons plan for fiscal salvation?
By:
uptheowls
When: 17 Mar 10 13:29
Do not mistake prices & indexes going up with a return to the good times. Welcome to the crack up boom.
By:
chisel
When: 17 Mar 10 15:58
Owls I agree

But all the time that the support is there would you be a seller??

Ther eis no guarantee that QE isnt going to be extended if necessary, and a prolonged period of low interets rtaes seems inevitable, especialy after what the FED said yesterday.
By:
uptheowls
When: 17 Mar 10 16:09
No I wouldn't be a seller.

It's a bull market for funny money.

The BOJ were at it as well yesterday.
By:
chisel
When: 17 Mar 10 17:31
Owls

My point exactly!! This is the exact same as when you were telling me not to buy during 2008 when assett prices were capitulating. You simply should not buy into a sell off or sell into a rally!

In fact , the likes of us have absolutely no chance!
By:
chisel
When: 25 Mar 10 16:27
now 5736!!

SRC , what have you got to say for yourself?
By:
uptheowls
When: 25 Mar 10 17:05
Give it him with both barrels Chis!!
By:
chisel
When: 25 Mar 10 17:29
I hope he hasnt already taken matters into his own hands Owls!
By:
mr milk
When: 26 Mar 10 11:11
give it away chisel ffs
By:
chisel
When: 29 Mar 10 10:36
No chance!
By:
chisel
When: 06 Apr 10 10:33
Onwards and upwards then!! Any more predictions?
By:
chisel
When: 14 Apr 10 10:21
5787!

Debt regret said sell the Dow at 9300 and it is now 11000!

SRC what have you got to say for yourself?
By:
getting better
When: 14 Apr 10 10:24
perhaps he was a little too early
By:
chisel
When: 14 Apr 10 12:23
Too early!!

It is tantamount to getting up at 1am!

No let up in support to financial system, so I would suggest selling is still a risky game
By:
laidbyjames
When: 18 Apr 10 20:58
The only way is up!

Equity is the place to be with a weak pound. No incentive for overseas investors to buy gilts, and the FTSE is still a lot cheaper for them with exchange rate.
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