Recent content by laurance123

FTSE 100 may decline furthermore i think FTSE 100 may move down to 3800 or may be below to 3800. it seems that FTSE 100 making correction on weekly basis and start declining after touching 4600. so from my view i think FTSE 100 will decline further more.

This housing market correction has already overtaken the 1990s crash and, with the economic slump deepening, it is set to get worse. Interest rate cuts will not be enough to stop the correction, nor slow the pace of house price declines. We expect house prices to fall a further 20pc in 2009,"...

technically DLN seems to making correction on weekly basis. so hopefully it will move up to 1000 and then it may decline again. housing sector is struggling so far and there is no hope which may move the price sharply. so i think for LONG better to watch untill give any sign of sharp rise.

i think this is good time for short UK homebuilders. So far the Treasury is partly propping up RBS, Lloyds/HBOS, and of course NROK is fully nationalised. BARC and HSBC have not had to go cap in hand to the government yet. So far no UK bank has gone bust, and NROK yesterday reported that it has...

if you see weekly chart then you will note that FTSE is making correction. so i beleive that you should trade weekly basis then you will be benefited from FTSE.