Spreadbetting 2005

My take on the big drop over the last few days / weeks (very simplistic approach) - Mr big city slicker comes back from hols and says - "I aint buying at these high prices theres not much xmas bonus in that" so they short / manipulate price down but can't take FTSE much below trend line otherwise panic may set it and no one would have a clue where to buy. So move price to here and buy up again to end of year - bingo big bonus and another holiday home in the caribean :-) Of course I may be totally wrong and the economy could have turned around in 2 weeks and be heading for 3000 on the FTSE.
We shall see :-)