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FTSE close to 6500

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    FTSE close to 6500

    good time to sell?

    #2
    6500 ? Not on my screen but I take your point.

    I've always found the BBC 6 o'clock news to be an excellent indicator of market tops. When they carry a story of 'boom times on the stock exchange' then sell and/or short. A couple of years ago they got the top on the pound within two days.
    Drivel is my speciality

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      #3
      Originally posted by Buffoon
      6500 ? Not on my screen but I take your point.

      I've always found the BBC 6 o'clock news to be an excellent indicator of market tops. When they carry a story of 'boom times on the stock exchange' then sell and/or short. A couple of years ago they got the top on the pound within two days.
      so 6444 is not close to 6500?
      7 points off 52 week high.

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        #4
        I'm out of almost all FTSE trackers, just individual stocks now. Wouldn't say it was definitely time to go short yet though.

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          #5
          just sold lock, STOCK and barrell. Looks like US is having a little fall now.

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            #6
            Originally posted by TheRightStuff
            just sold lock, STOCK and barrell. Looks like US is having a little fall now.
            They heard what you'd done...

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              #7
              Absolutely not - let it ride. Trying to guess the top is a game for idiots.

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                #8
                Originally posted by wendigo100
                They heard what you'd done...
                the call me buffet round here

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                  #9
                  Originally posted by lukemg
                  Absolutely not - let it ride. Trying to guess the top is a game for idiots.
                  Not guessing the top just happy with the profit I've made on my portfolio and I now believe it's a good time to sell, sit back and determine my next move.

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