Just opened a -2.50 (the usual amount) spread bet on FTSE December futures. I sold at 5300 (5250 in normal trading) and whilst I’m happy enough with this there is the little twinge of nerves. Selling at these levels is not for the faint hearted and I will be monitoring it closely. The risk of a stupid rally on any good news because traders are sick of loosing is quite strong.
We shall wait and see.
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