I'm fed up of being a contrarian. I'm going to go with the trend, after we get a pull back!
New year starting off with a loss, and the tax man wants a piece of me to boot!
Hi SuddenDeath, it has been a while. I was keeping my powder dry then decided to have a little dabble for the Xmas rally. After making good money on the, I decided that was the end and the outlook was bleak...how wrong was I?
I actually put my first short in at 5800!!!
I have been annihilated by the FTSE!! Got my stops approaching, 6302. You can bet your bottom dollar IG are going to force it up there just to stop a load of their punters like me out!!
good thing i didnt go short earlier. was thinking about it around the 5430 mark. would have been another position to hold for a couple of months! last time there was a PBOC rate cut on 30th nov 2011 it was followed by a central bank bailout at 9am NYC time. (zerohedge)