Anyone shorting the Halifax House Price Index? Anyone shorting the Halifax House Price Index?
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    Default 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?
    I was miserable and depressed, but CUK turned it all around. Now I'm depressed and miserable.

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    Quote 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.

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    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.
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    Quote 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?

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    Quote Originally Posted by BrilloPad View Post
    What is the current spread?
    Sell 164.6
    Buy 168.2
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    Quote 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?

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

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