As expected cable did have a downside and the direction is clear to me coupled with all the bad news coming but I totaly missed the GDP figures which are postponed to tuesday.
Will they be cooked, I don't know but for this govt to continue with Austerity messures I think they will be negative or neutral. After all they have to show they did something right else Labour will take the credit of getting economy out of recession with spending instead of cuts. I am a shorty on cable when it rises to take all the stops above 52 ensuring people are sucked into longs.
Till then I am buying every dip
ta
ams
Will they be cooked, I don't know but for this govt to continue with Austerity messures I think they will be negative or neutral. After all they have to show they did something right else Labour will take the credit of getting economy out of recession with spending instead of cuts. I am a shorty on cable when it rises to take all the stops above 52 ensuring people are sucked into longs.
Till then I am buying every dip
ta
ams
DislikedSeems our guy who was holding cable tightly has left the building sooner than I thought.
It's acting normal now up/down with indicies.
Tomm when BOE doesn't raise rates, I hope to see downside along with the indicies. Picture ain't pretty for UK with all the austerity meassures. Niether for USA with mountain debt for that matter.
Don't expect much buying above 152 level. Even if it's there it's fake.Ignored