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Anyone shorting the Halifax House Price Index?

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    Anyone shorting the Halifax House Price Index?

    I see many of the spreadbetting companies allow shorting this property price index?

    Surely a 100% bullet proof way to riches?

    #2
    Originally posted by DimPrawn View Post
    I see many of the spreadbetting companies allow shorting this property price index?

    Surely a 100% bullet proof way to riches?


    Shame that Mike Ashley did not short HBOS instead of going long. It was reported yesterday that he has lost 200 million quid since October on his 'silly' bet. HBOS were at 880p instead of 275p today.

    Comment


      #3
      A little dangerous yet no? There are enough fools who are listening to the estate agents and those with a vested interest. Probably enough for a bounce yet before the major decline.
      The court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.

      But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.”

      Comment


        #4
        Originally posted by DimPrawn View Post
        I see many of the spreadbetting companies allow shorting this property price index?

        Surely a 100% bullet proof way to riches?
        What is the current spread?

        Comment


          #5
          Originally posted by BrilloPad View Post
          What is the current spread?
          Sell 164.6
          Buy 168.2

          Comment


            #6
            Originally posted by DimPrawn View Post
            Sell 164.6
            Buy 168.2
            Is the data lfrom http://www.hbosplc.com/economy/housingresearch.asp ? It can't be as the current index is 595.9

            Is the halifax the one who are predicting house price falls for the whole year of 9% - when it fell 9% in the fitst five months?

            Comment


              #7
              It is the Standardised Average House Price (seasonally adjusted) from Halifax, rather than the index value.

              Comment


                #8
                Originally posted by DimPrawn View Post
                I see many of the spreadbetting companies allow shorting this property price index?

                Surely a 100% bullet proof way to riches?

                can you give us a link to the spreadsbetting website that offer this ? ta

                Comment


                  #9
                  http://www.igindex.co.uk/

                  Comment


                    #10
                    Try this from SG:

                    http://www.sgwarrants.co.uk/admins/f...files/1713.pdf

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