FTSE - So where is the support

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canaries2 - Fri, 29 Dec 06 :

I think the consensus out there is Bullish hence the market keeps going up.

But I'm predicting a small sell off and this may gather pace due to profit taking and snowball and then it will be called a healthy correction to move forward.

I,m just hoping to catch the correction not a change of trend, Intraday
I may have some Longs riding and trade differrent Indicies in different ways.

Currently
Ftse Flat removed shorts today eager to go long depending on futures today
Dax slightly short removed a lot of shorts after the fall.
Dow heavily short with stops staggered with some limit orders
Nas Short staggered stops no limit orders.
stocks all long no shorts


Good luck all


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