2006-07-08 20:00:53 · 8 answers · asked by ian007 1 in Business & Finance ➔ Investing
Okay, but you go first.
2006-07-08 20:04:59 · answer #1 · answered by Apple 5 · 0⤊ 0⤋
since no one seems to know what you are talking about, I thought I'd give you an answer. You are long London's FTSE stock exchange(assuming you have a fund or basket) and think its a good move.
It is sitting under 5900 as of today and up alot from the lows....'past performance is not indicative of future results' and therefore, be careful....The Yield curve over there is inverted deeply and this indicates a recession looms(90% of time) They have a property bubble that is popping right now(foreclosure rates are skyrocketing) and they have been a beneficiary of the 'Yen carry trade' and it is nearly ready to unwind(if you don't know what that is search yahoo and read). I believe there are no upside in ANY of the worlds stock markets at this time and suggest you sit on cash/gold/silver until the carry-trade and hedge funds unwind...I know you don't want to hear that but thats my take.
good luck
2006-07-09 09:33:26 · answer #2 · answered by -* 4 · 0⤊ 0⤋
You are trading CFD, having reviwed the answers on this board I think u are talking in the wrong corner of the web. visit www.iii.co.uk for advice and ideas.
I trade CFD and Forex using a software package.
2006-07-09 10:51:05 · answer #3 · answered by Star 2 · 0⤊ 0⤋
the swallow may fly south for the winter, yet these are not strangers to our land
2006-07-09 03:15:10 · answer #4 · answered by Anonymous · 0⤊ 0⤋
what? even when the markets are dropping now??
2006-07-14 13:05:45 · answer #5 · answered by ajt1306 2 · 0⤊ 0⤋
sorry
2006-07-09 03:06:16 · answer #6 · answered by thomas g 1 · 0⤊ 0⤋
WTF??
2006-07-09 03:04:13 · answer #7 · answered by sin_823 2 · 0⤊ 0⤋
English please
2006-07-09 03:04:01 · answer #8 · answered by eddie9551 5 · 0⤊ 0⤋