ftse is the lead indicator to the perception of the "herd...

ftse is the lead indicator to the perception of the "herd mentality" and has alot of resistance with 30,50,100 ma's all converging between 6448-84ish.
if it dosnt break these with gusto, im counting this move down a correction wave A with a test of aug lows to follow. Then where? mwhahahahahaha

if ftse breaks and closes below 6385ish....biggins short


the USA is rooted (as we all know) and the fed only moves after the market tells it too and what have they been told to do? PROP IT UP, ITS STUFFED. dirt swept under the carpet as every move from the fed is reversed by the people/market as it is now in bear mode. No one can stop the herd when it gets scared.

the stock market is 90% pyscological and 10% FA. optimism has/is changing to pessimism.

the bear is here
forget inflation, here comes deflation!

sell the rallies

LOL good lord i make myself depressed! depression? yep, 2012 where cash will be king, so lets make a sheet load!