Ftse 250

This is a discussion on Ftse 250 within the UK Indices forums, part of the Indices category; Currently long on the FTSE 250 after it reversed near it's March low a few days ago and made two ...

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Join Date: Mar 2001
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Currently long on the FTSE 250 after it reversed near it's March low a few days ago and made two higher highs. A little concerned that it would copy the March pattern and reverse at 6,108 but it has today gone through that level. It will be interesting to see if it can close above it.

I currently have a stop 1% away from last night's close. I cannot decide wether to ride any inevitable retracements or try and trade them - Any views?


I like the idea of trading the 250 rather than 100/Dow as it appears to have low volatility rarely moving more than 1% of its value in a day.
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Most of the idicies are showing positive divergence, including the 250 and the thought of a major retace is premature....minor pullback, maybe.
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The views expressed here are my personal views and for your information only. Any expression of likely movement of a share is merely guesswork and is to be treated as such.This information must NOT be used as a basis for making any investment decision.
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