Petrel Resources - moderated discussion/research part II
pixi - Fri, 30 Dec 05 :
I managed to get a good March short position on the Ftse yesterday at 5635, stop at 5662, having been stopped out earlier in the week. One third of my spread bet pot has been invested at £10pp.
The American markets seem to be rolling over, and the Nikkie topped out at 16400.
On Wednesday 21st December a Hindenberg signal was generated by the American market, which may be confirmed by recent market performance.
My main pot is in Sterling. My immediate target is 5400, possibly 5200 later.
