re: ftse flying This is what I haven't quite understood.
If weak gold and metal prices = good for DOW......then why has XJO been appreciating so much during the time of strong metal prices?
I think the XJO will suffer from weaker gold and metals. The major miners will drag the index lower. Look at when GOLD tanked from 720...the XJO started it's downtrend then.
Lost quite a bit lastnight shorting the SP500 LOL. Was looking good just before the fed reserve minutes came out. Then got stopped out at 1274..the top! Just my luck. I think I'll stick to the Aussie market where it is slightly more predictable...but "boring".
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