Monday

Magik Numbers: FTSE 100 Strong Support Holds

Post a Comment February 2, 2009 – 5:46 pm |   | Permalink |  Print This Post |

TheInflationist opened a long FTSE 100 $10/point at 4080 after making a low of 4033 - with strong support at 4000. Magik Numbers show all support were in line around the 4000-4100 mark. TheInflationist now has a long position for Dow, FTSE, and ASX. We aim to close or protect profit for half our FTSE position (ie $5/point) if it goes back up towards pivot of 4150.